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ANNUAL REPORT OF PROGRAM ACTIVITY

Fiscal Year 2001

 

WHITE 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:

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

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

Regions Bank, Beebe, (501) 882-6406; www.regions.com

Regions Bank, Searcy, (501) 968-1234; www.regions.com

Regions Mortgage, Inc., Searcy, (501) 279-3527; www.regions.com

Simmons First Mortgage, Searcy, (501) 278-2000;

www.simmonsfirst.com/banknearyou

 

          FY 2001 Activity

                    No. of Loans:                                                                       54

                    Total Dollar Amount:                                                $3,090,266

                    Average Loan Amount:                                            $     57,227

 

Down Payment Assistance Program (See Congressional District 2 Page for listing of Homebuyer Counselors in the area)

 

          FY 2001 Activity

                    No. of Loans:                                                                  14

                    Total Dollar Amount:                                                $31,718     

                    Average Dollar Amount:                                           $  2,266

 

     

HOUSING PRODUCTION

(See Congressional District 2 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

5

$0

$0

$213,887

$213,887

 

 

 

 

 

 

Tenant Based Rental Assistance

 

0

 

$0

 

$0

 

$0

 

$0

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL

5

$0

$0

$213,887

$213,887

 

 

 

 

 

 

Average Amount per Unit

 

 

 

 

$42,778

 

Home Investment Loans Originated by ADFA

          No. of Loans:                                                                              3

          Total Dollar Amount:                                                          $93,590

          Average Dollar Amount:                                                     $31,197

      

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

1

$750,000

$750,000

 

 

 

 

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

1

$750,000

$750,000

 

 

TOTAL FUNDS FOR COUNTY IN FY 2001

 

$4,179,461

Back to Congressional District 2 / Back to Statewide Statistics