Public Funds Leverage Ratio     ($6.00 : $1.00)

This ratio measures the amount of total funds generated per dollar of funding from federal, state, or local funding sources. This ratio shows that RAD conversions raised $6.00 from other funding sources (the numerator) for every dollar of federal, state, or local funds (the denominator). This ratio reflects all direct public sector funding compared to all other resources generated through a RAD transaction.

$6.00
All Other Funding
Commercial Non-FHA Loan$6,545,246,754
Commercial FHA Loan$3,166,659,820
Deferred Developer Fee$948,449,418
Interim Income$417,408,493
Accrued & Unpaid Interest$201,449,261
PHA Non-Federal Funds$603,553,326
Public Housing Program Income$41,094,211
Federal Home Loan Bank AHP$96,758,727
Seller Note/Take Back Financing$5,894,676,916
Sponsor or Partner Funds$555,235,682
Philanthropic/Foundation$10,053,192
Tax Credit Equity$11,702,748,817
GP Equity/Reinvested Capital$215,452,426
Equity$125,447,759
Total$30,592,063,090
:
:
$1.00
Public Funds
Public Housing Operating Reserves$531,429,914
Public Housing Capital Funds (incl DDTF)$871,030,017
Public Housing RHF$224,857,258
Housing Choice Voucher Funds (MTW agencies only)$331,971,622
HOME$231,703,960
CDBG$114,310,900
National Housing Trust Fund$83,227,517
Other Federal Funds$195,938,772
Choice Neighborhood Funds$67,828,286
State or Local Funds$2,512,820,156
Total$5,097,290,115