Agencies | Online Services | Policies

ANNUAL REPORT OF PROGRAM ACTIVITY

Fiscal Year 2001

 

LONOKE 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 Financial Bank, El Dorado, (870) 863-7000; www.ffb1.com

1st Home Mortgage, Inc., Jonesboro, (870) 932-6693

Community Home Lenders, Inc., Cabot, (501) 843-8264; www.communityhl.net

First Arkansas Mortgage, (501) 985-4056

First Security Bank, Cabot, (501) 941-2265

First United Bank, Carlisle, (870) 552-7571

Firstar Bank, N.A., (501) 688-1000; www.firstar.com

Norwest Mortgage, Inc., (501) 812-4207; www.norwest.com

Pulaski Mortgage Company, (501) 661-7889; www.pulaskimortgage.com

Regions Mortgage, Inc., Little Rock-(501) 371-7337; North Little Rock –

          (501) 753-7262; www.regions.com

 

          FY 2001 Activity

                    No. of Loans:                                                                       59

                    Total Dollar Amount:                                                $4,511,104

                    Average Loan Amount:                                            $     76,459

 

Down Payment Assistance Program (See Congressional District 1 Page for listing of Homebuyer Counselors in the area)

 

          FY 2001 Activity

                    No. of Loans:                                                                      5

                    Total Dollar Amount:                                                  $14,383     

                    Average Dollar Amount:                                             $  2,877

 

     

HOUSING PRODUCTION

(See Congressional District 1 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

22

$0

$135,198

$294,900

$430,098

 

 

 

 

 

 

Rental Rehab

0

$0

$0

$0

$0

 

 

 

 

 

 

Homeowner New Construction

0

$0

$0

$0

$0

 

 

 

 

 

 

Homeowner Rehab

8

$0

$0

$262,759

$262,759

 

 

 

 

 

 

Tenant Based Rental Assistance

 

0

 

$0

 

$0

 

$0

 

$0

 

 

 

 

 

 

TOTAL

30

$0

$135,198

$557,659

$692,857

 

 

 

 

 

 

Average Amount per Unit

 

 

 

 

$23,095

 

 

 

 

 

 

 

Home Investment Loans Originated by ADFA

          No. of Loans:                                                                                5

          Total Dollar Amount:                                                          $118,758

          Average Dollar Amount:                                                     $  23,752

      

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

 

$5,337,102

 

Back to Congressional District 1 Back to Statewide Statistics