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ANNUAL REPORT OF PROGRAM ACTIVITY

Fiscal Year 2001

     

JOHNSON COUNTY

For Period July 1, 2000 – June 30, 2001

 

     

HOMEOWNERSHIP

For information on ADFA bonds issued for Homeownership during the period, see Statewide section.

 

Home-To-Own

 

Participating Lenders in Area:

1st Security Bank, Searcy, (501) 279-3400; www.firstsecuritybank.org

Bank of America, (770) 723-2110; www.bankofamerica.com

Farmers Bank and Trust, Clarksville, (501) 754-2020

Regions Mortgage, Inc., Clarksville, (501) 705-5154; www.regions.com

River Valley Bank, Russellville, (501) 498-2260

Simmons First Bank, Russellville, (501) 967-8000;

www.simmonsfirst.com/banknearyou

 

          FY 2001 Activity

                    No. of Loans:                                                                 49

                    Total Dollar Amount:                                          $2,714,811 

                    Average Loan Amount:                                      $     55,404

 

Down Payment Assistance Program (See Congressional District 3 Page for listing of Homebuyer Counselors in area)

 

          FY 2001 Activity

                    No. of Loans:                                                            2

                    Total Dollar Amount:                                          $6,000

                    Average Dollar Amount:                                     $3,000       

 

     

HOUSING PRODUCTION

(See Congressional District 3 Page for listing of Affordable Housing Partners)

For information on ADFA bonds issued for Housing Production during the period, see Statewide section.

 

          FY 2001 Activity

 

 

No. Units

 

Tax-Exempt Bonds

Low Income Hsng Tax Credits

 

HOME Funds

 

Total

 

 

 

 

 

 

Rental New Construction

42

$0

$314,800

$0

$314,800

 

 

 

 

 

 

Rental Rehab

0

$0

$0

$0

$0

 

 

 

 

 

 

Homeowner New Construction

0

$0

$0

$0

$0

 

 

 

 

 

 

Homeowner Rehab

0

$0

$0

$0

$0

 

 

 

 

 

 

Tenant Based Rental Assistance

 

0

 

$0

 

$0

 

$0

 

$0

 

 

 

 

 

 

TOTAL

42

$0

$314,800

$0

$314,800

 

 

 

 

 

 

Average Amount per Unit

 

 

 

 

$7,495

 

 

 

 

 

 

 

Home Investment Loans Originated by ADFA

          No. of Loans:                                                                          0

          Total Dollar Amount:                                                              $0

          Average Dollar Amount:                                                         $0

 

     

DEVELOPMENT FINANCE

For information on ADFA bonds issued for Development Finance during the period, see Statewide section.

 

          FY 2001 Activity

                       

 

Program

No. Projects

Project Amount

Average Project Amount

 

 

 

 

ADFA Bond Guaranty

0

$0

$0

 

 

 

 

AEDC/Other Bond Guaranty

0

$0

$0

 

 

 

 

Higher Education Facilities

0

$0

$0

 

 

 

 

Wastewater Revolving Loan

0

$0

$0

 

 

 

 

Safe Drinking Water Revolving Loan

0

$0

$0

 

 

 

 

Business Life Program

0

$0

$0

 

 

 

 

ADFA-Originated Loans

0

$0

$0

 

 

 

 

Bond Guaranty Reserve Fund

0

$0

$0

 

 

 

 

Capital Access Program

0

$0

$0

 

 

 

 

Disadvantaged Business Enterprise

0

$0

$0

 

 

 

 

TOTAL

0

$0

$0

 

 

TOTAL FUNDS FOR COUNTY IN FY 2001

 

$3,035,611

 

Back to Congressional District 3 / Back to Statewide Statistics