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ANNUAL REPORT OF PROGRAM ACTIVITY

Fiscal Year 2001

     

MADISON 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:

Arvest Mortgage Company, (501) 750-6107; www.arvest.com/mortgage

Community Bank of North Arkansas, (501) 973-2265; www.communitybnk.com

Moore Mortgage, Inc., (501) 770-4700; www.mooremortgage.com

United Bank, Springdale, (501) 756-8811

 

          FY 2001 Activity

                    No. of Loans:                                                                      5

                    Total Dollar Amount:                                                $267,846

                    Average Loan Amount:                                            $  53,569

 

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

 

          FY 2001 Activity

                    No. of Loans:                                                                         5

                    Total Dollar Amount:                                                     $13,640

                    Average Dollar Amount:                                                $  2,728

 

     

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

0

$0

$0

$0

$0

 

 

 

 

 

 

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

0

$0

$0

$0

$0

 

 

 

 

 

 

Average Amount per Unit

 

 

 

 

$0

 

 

 

 

 

 

 

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

1

$2,990,000

$2,990,000

 

 

 

 

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

1

$20,963

$20,963

 

 

 

 

Capital Access Program

0

$0

$0

 

 

 

 

Disadvantaged Business Enterprise

0

$0

$0

 

 

 

 

TOTAL

2

$3,010,963

$1,505,482

 

 

TOTAL FUNDS FOR COUNTY IN FY 2001

 

$3,292,449

Back to Congressional District 3 / Back to Statewide Statistics