This ratio measures the total funds generated per dollar of resources under the PHA’s control, which include public housing funds, non-federal funds PHAs have generated from other business activities, and the value of the PHA’s real estate assets. This ratio shows that RAD conversions raised $3.17 from other funding sources (the numerator) for every dollar the PHA invested from its own internal resources (the denominator). This ratio reflects all funds that are within a PHA’s direct control versus the other resources generated through a RAD transaction.
$3.17 | |
All Other Funding | |
Commercial Non-FHA Loan | $6,534,048,388 |
Commercial FHA Loan | $3,153,339,820 |
Deferred Developer Fee | $946,985,313 |
Interim Income | $417,273,575 |
Accrued & Unpaid Interest | $201,449,261 |
Federal Home Loan Bank AHP | $96,758,727 |
HOME | $231,703,960 |
CDBG | $114,310,900 |
Other Federal Funds | $195,938,772 |
State or Local Funds | $2,510,320,156 |
National Housing Trust Fund | $83,227,517 |
Sponsor or Partner Funds | $555,235,582 |
Philanthropic/Foundation | $10,053,192 |
Tax Credit Equity | $11,657,869,119 |
GP Equity/Reinvested Capital | $215,452,426 |
Equity | $125,447,659 |
Total | $27,117,242,654 |
: |
: |
$1.00 | |
PHA Assets | |
Seller Note/Take Back Financing | $5,881,993,703 |
PHA Non-Federal Funds | $603,553,326 |
Public Housing Operating Reserves | $526,516,125 |
Public Housing Capital Funds (incl DDTF) | $869,994,690 |
Public Housing RHF | $224,857,258 |
Housing Choice Voucher Funds (MTW agencies only) | $331,971,622 |
Public Housing Program Income | $41,094,211 |
Choice Neighborhood Funds | $67,828,286 |
Total | $8,479,980,935 |