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ANNUAL REPORT OF PROGRAM ACTIVITY

Fiscal Year 2001

     

WASHINGTON 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, (501) 442-7773; www.ffb1.com

Arkansas National Bank, Bentonville, (501) 271-2800; www.arknatl.com

Arkansas National Bank, Fayetteville. (501) 718-7032; www.arknatl.com

Arkansas National Bank, Springdale, (501) 756-7600; www.arknatl.com

Arvest Mortgage Company, Bentonville-(501) 271-3071; Farmington-

(501) 846-7083; Fayetteville-(501) 575-1146; Springdale-

            (501)  756-7913; www.arvest.com/mortgage/

Bank of America, Fayetteville, (501) 718-7032; www.bankofamerica.com

Bank of America, Springdale, (501) 872-4141; www.bankofamerica.com

Bank of Arkansas Mortgage Group, Bentonville-(501) 271-6800; Fayetteville-

          (501) 973-2684; www.bankofarkansas.com

Bank of Fayetteville Mortgage, Fayetteville, (501) 443-2110; www.bof.com/

Community Bank of North Arkansas, Fayetteville, (501) 973-2280;

          www.communitybnk.com

Countrywide Home Loans, Inc., Fayetteville, (501) 587-3033; www.countrywide.com

Farmers and Merchants Bank, Farmington, (501) 267-3304; www.arvest.com

Farmers and Merchants, Prairie Grove, (501) 846-2115

Farmers and Merchants, West Fork. (501) 839-3000

First Financial Bank, Fayetteville, (501) 582-1200; www.ffb1.com

First Security Bank, Fayetteville, 501) 527-7000; www.fsbank.com

First State Bank (d/b/a Hometown Financial Center), Springdale, (501) 751-8696

McIlroy Bank and Trust, Fayetteville, (501) 575-1000; www.arvest.com/mbt

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

Norwest Mortgage, Inc., (501) 443-0200; www.norwest.com

Pulaski Mortgage Company, Fayetteville, (501) 444-8222; www.pulaskimortgage.com

Regions Bank, Fayetteville, (501) 521-2460; www.regions.com

Simmons 1st Mortgage, Little Rock, (501) 223-4219;

www.simmonsfirst.com/banknearyou

Simmons First Mortgage Company, Springdale, (501) 872-1100;

          www.simmonsfirst.com/banknearyou

Springdale Bank and Trust, Springdale, (501) 756-7000; www.arvest.com/sbt

Star Mortgage Corporation, Fayetteville, (501) 521-1339

Superior Federal Bank, FSB, Springdale, (501) 751-6991; www.superiorfederal.com

United Bank, Springdale, (501) 756-8811

Wells Fargo Home Mortgage, Inc., Fayetteville, (501) 443-0200; www.norwest.com

 

          FY 2001 Activity

                    No. of Loans:                                                                           75

                    Total Dollar Amount:                                                    $4,910,145

                    Average Loan Amount:                                                $     65,469

 

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

 

          FY 2001 Activity

                    No. of Loans:                                                                         75

                    Total Dollar Amount:                                                     $204,793

                    Average Dollar Amount:                                                $    2,731

 

     

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

107

$0

$0

$500,000

$500,000

 

 

 

 

 

 

Rental Rehab

0

$0

$0

$0

$0

 

 

 

 

 

 

Homeowner New Construction

0

$0

$0

$0

$0

 

 

 

 

 

 

Homeowner Rehab

6

$0

$0

$117,501

$117,501

 

 

 

 

 

 

Tenant Based Rental Assistance

 

16

 

$0

 

$0

 

$54,975

 

$54,975

 

 

 

 

 

 

TOTAL

129

$0

$0

$672,476

$672,476

 

 

 

 

 

 

Average Amount per Unit

 

 

 

 

$5,213

 

 

 

 

 

 

 

Home Investment Loans Originated by ADFA

          No. of Loans:                                                                                1

          Total Dollar Amount:                                                          $300,000

          Average Dollar Amount:                                                     $300,000

 

    

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

 

$6,087,414

Back to Congressional District 3 / Back to Statewide Statistics