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 $3.56 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.
| $3.56 | |
| All Other Funding | |
| Commercial Non-FHA Loan | $9,846,855,938 |
| Commercial FHA Loan | $3,518,113,415 |
| Deferred Developer Fee | $1,249,372,116 |
| Interim Income | $541,048,246 |
| Accrued & Unpaid Interest | $499,224,746 |
| Federal Home Loan Bank AHP | $108,333,727 |
| HOME | $293,099,511 |
| CDBG | $178,463,348 |
| Other Federal Funds | $274,251,528 |
| State or Local Funds | $4,723,908,965 |
| National Housing Trust Fund | $108,562,492 |
| Sponsor or Partner Funds | $609,226,576 |
| Philanthropic/Foundation | $9,017,692 |
| Tax Credit Equity | $15,108,738,891 |
| GP Equity/Reinvested Capital | $274,014,682 |
| Equity | $195,754,597 |
| Total | $37,537,986,470 |
| : |
| : |
| $1.00 | |
| PHA Assets | |
| Seller Note/Take Back Financing | $7,384,151,207 |
| PHA Non-Federal Funds | $685,163,886 |
| Public Housing Operating Reserves | $585,038,181 |
| Public Housing Capital Funds (incl DDTF) | $1,015,583,319 |
| Public Housing RHF | $224,857,258 |
| Housing Choice Voucher Funds (MTW agencies only) | $518,799,313 |
| Public Housing Program Income | $40,530,072 |
| Choice Neighborhood Funds | $145,716,990 |
| Total | $10,599,840,226 |