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 $3.20 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.
| $3.20 | |
| All Other Funding | |
| Commercial Non-FHA Loan | $6,545,246,754 |
| Commercial FHA Loan | $3,153,339,820 |
| Deferred Developer Fee | $946,753,213 |
| 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 | $11,686,895,151 |
| GP Equity/Reinvested Capital | $215,452,426 |
| Equity | $125,447,659 |
| Total | $27,157,234,952 |
| : |
| : |
| $1.00 | |
| PHA Assets | |
| Seller Note/Take Back Financing | $5,882,369,903 |
| PHA Non-Federal Funds | $603,553,326 |
| Public Housing Operating Reserves | $528,664,840 |
| Public Housing Capital Funds (incl DDTF) | $870,055,064 |
| 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 | $8,482,566,224 |