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 $3.51 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.
| $3.51 | |
| All Other Funding | |
| Commercial Non-FHA Loan | $9,057,828,670 |
| Commercial FHA Loan | $3,494,654,515 |
| Deferred Developer Fee | $1,171,562,883 |
| Interim Income | $533,375,099 |
| Accrued & Unpaid Interest | $380,346,533 |
| Federal Home Loan Bank AHP | $107,328,727 |
| HOME | $288,099,511 |
| CDBG | $176,463,348 |
| Other Federal Funds | $267,442,084 |
| State or Local Funds | $3,949,252,741 |
| National Housing Trust Fund | $108,712,492 |
| Sponsor or Partner Funds | $604,818,983 |
| Philanthropic/Foundation | $9,017,692 |
| Tax Credit Equity | $14,078,099,048 |
| GP Equity/Reinvested Capital | $252,145,124 |
| Equity | $171,720,096 |
| Total | $34,650,867,546 |
| : |
| : |
| $1.00 | |
| PHA Assets | |
| Seller Note/Take Back Financing | $6,864,178,801 |
| PHA Non-Federal Funds | $673,587,826 |
| Public Housing Operating Reserves | $584,238,929 |
| Public Housing Capital Funds (incl DDTF) | $965,677,031 |
| Public Housing RHF | $224,857,258 |
| Housing Choice Voucher Funds (MTW agencies only) | $403,831,398 |
| Public Housing Program Income | $40,453,050 |
| Choice Neighborhood Funds | $117,156,185 |
| Total | $9,873,980,478 |