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Statewide Statistics Fiscal Year 2007

ADFA 2007 Financial Statement - Newr 7.gif (9786 bytes)

Program Activity FY 2006

Statistics by Congressional District

 

Congressional District 1

Congressional Destrict 2

Congressional District 3

Congressional District 4

Program Activity FY 2005

Program Activity FY 2004

Program Activity FY 2002 & 2003

Program Activity FY 2001
 

REPORT OF PROGRAM ACTIVITY

FISCAL YEAR 2007:   July 1, 2006 – June 30, 2007

1st Half of FY2007 = July 1, 2006 – December 31, 2006

2nd Half of FY2007 = January 1, 2007 – June 30, 2007

statewide

Note from ADFA Research Manager
October 2007

To Whom It May Concern:

Welcome to the FY2007 Annual Report of Program Activity.   With this sixth issue, I believe I have finally found the format which will be of greatest benefit to the user.   Future editions might have additional statistics for Housing Production and Development Finance Programs.

Purposes and advantages of this new format include:

1.         Even though this report is based on fiscal year (July 2006 – June 2007), calendar year data will be available by utilizing two years of the report.   For example, Calendar Year 2007  data will be available in this year’s report as January 2007 – June 2007 statistics and July 2007 – December 2007 will be presented in the FY2008 Annual Report of Program Activity.   The July 2007 – December 2007 data will be compiled in January 2008 but will not be posted on the web until September or October 2008.   If you need these statistics before it is posted to the ADFA web, please contact me as indicated below.

2.         More in-depth statistics at each level – i.e., county, Congressional District and Statewide – have been added for Homeownership.

3.         The format at each level will provide you ready access to the purpose of your review of the statistics.

a.         County Level – If you need statistics only for one county, this is the level that would be best for you to utilize.

b.         Congressional District Level – For comparative analyses of all counties within a Congressional District, this is the level to use.

c.         Statewide Level – For cumulative statistics for the whole state or by Congressional District with no need for statistics by county, this is the best level.

4.         Analytical text and graphs have been added after each category – Homeownership, Housing Production and Development Finance – at each of the Congressional District and Statewide format levels as Facts and Inferences.   There are more analyses that can be completed than presented here.   If federal, state, county or city official or if someone compiling statistics for a publication need different analyses, please contact Judy Brummett at contact information provided below.

Judy Brummett
Research & Special Projects Manager
Arkansas Development Finance Authority
P.O. Box 8023
Little Rock, AR   72203
Phone:  501-682-5917
Fax:  501-682-5939
Email Address: jbrummett@adfa.state.ar.us

 

NOTE:            Color coding of statistics provided in this report are as follows:

·        July 2006 – December 2006                       Black type

·        January 2007 – June 2007                         Blue Type

·        Total FY2007                                           Red Bold Italics Type

 

HOMEOWNERSHIP

Home-to-Own (H2O)

General Statistics

Time Period

Cong Dist

No. Loans

Dollar Amount

Mean Loan Amount

Median Loan Amount

07/2006 -12/2006

 

1

139

$13,870,040.86

$99,784.46

$91,673.50

2

124

$10,446,490.00

$84,245.89

$82,886.50

3

258

$23,301,906.00

$90,317.47

$88,100.00

4

52

$3,309,654.00

$63,647.19

$62,980.00

Subtotal

573

$50,928,090.86

$84,498.75

$81,410.00

01/2007 - 06/2007

 

1

145

$13,725,123.00

$94,656.02

$88,798.00

2

98

$8,833,486.00

$90,137.61

$88,455.00

3

267

$23,770,548.00

$89,028.27

$73,600.00

4

57

$4,030,514.00

$70,710.75

$65,000.00

Subtotal

567

$50,359,671.00

$86,133.16

$78,963.25

FY2007 TOTAL

1,140

$101,287,761.86

$85,315.96

$80,186.63

 

Loan Cancellation Rate – Total FY2007:

17.7%

 Loans by Originator / Branch

 

 

 

07/2006 - 12/2006

01/2007 - 6/2007

FY2007 Total

Originator / Branch

Cong. Dist.

No. Loans

Dollar Amount

No. Loans

Dollar Amount

No. Loans

Dollar Amount

1st Home Mortgage, Inc., Jonesboro, AR

1

3

$270,091.00

0

$0.00

3

$270,091.00

1st National Bank and Trust, Mountain Home, AR

1

2

$182,716.00

3

$222,237.00

5

$404,953.00

1st National Bank, Paris, AR

4

11

$680,230.00

7

$478,875.00

18

$1,159,105.00

1st Security, Searcy, AR

 

1

3

$275,453.00

0

$0.00

3

$275,453.00

2

4

$368,028.00

1

$122,035.00

5

$490,063.00

 

7

$643,481.00

1

$122,035.00

8

$765,516.00

Arkansas Federal Credit Union, Jacksonville, AR

2

3

$303,295.00

1

$93,227.00

4

$396,522.00

Arvest Mortgage Company, Lowell, AR

 

1

1

$82,416.00

0

$0.00

1

$82,416.00

2

4

$360,209.00

6

$579,184.00

10

$939,393.00

3

55

$5,436,300.00

61

$5,867,357.00

116

$11,303,657.00

4

1

$73,338.00

1

$88,609.00

2

$161,947.00

 

61

$5,952,263.00

68

$6,535,150.00

129

$12,487,413.00

BancorpSouth, Fort Smith, AR

 

1

2

$152,212.00

0

$0.00

2

$152,212.00

3

11

$881,849.00

10

$730,319.00

21

$1,612,168.00

 

13

$1,034,061.00

10

$730,319.00

23

$1,764,380.00

BancorpSouth, Jonesboro, AR

1

1

$52,000.00

0

$0.00

1

$52,000.00

Bank of America, West Memphis, AR

1

1

$110,767.00

0

$0.00

1

$110,767.00

Bank of Dardanelle, Russellville, AR

 

2

11

$742,340.00

0

$0.00

11

$742,340.00

3

3

$235,365.00

0

$0.00

3

$235,365.00

 

14

$977,705.00

0

$0.00

14

$977,705.00

Bank of Little Rock Mortgage, Benton, AR

 

2

0

$0.00

2

$218,671.00

2

$218,671.00

4

0

$0.00

1

$95,000.00

1

$95,000.00

 

0

$0.00

3

$313,671.00

3

$313,671.00

Bank of Little Rock Mortgage, North Little Rock, AR

 

1

0

$0.00

2

$157,050.00

2

$157,050.00

2

0

$0.00

2

$162,140.00

2

$162,140.00

4

0

$0.00