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 $3.57 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.
| $3.57 | |
| All Other Funding | |
| Commercial Non-FHA Loan | $10,491,950,142 |
| Commercial FHA Loan | $3,659,500,380 |
| Deferred Developer Fee | $1,349,498,835 |
| Interim Income | $584,046,516 |
| Accrued & Unpaid Interest | $527,290,246 |
| Federal Home Loan Bank AHP | $115,033,727 |
| HOME | $298,128,811 |
| CDBG | $179,907,557 |
| Other Federal Funds | $298,358,623 |
| State or Local Funds | $4,999,363,089 |
| National Housing Trust Fund | $112,604,316 |
| Sponsor or Partner Funds | $623,192,465 |
| Philanthropic/Foundation | $9,317,692 |
| Tax Credit Equity | $15,960,082,034 |
| GP Equity/Reinvested Capital | $284,249,291 |
| Equity | $202,300,330 |
| Total | $39,694,824,054 |
| : |
| : |
| $1.00 | |
| PHA Assets | |
| Seller Note/Take Back Financing | $7,748,025,788 |
| PHA Non-Federal Funds | $725,973,641 |
| Public Housing Operating Reserves | $599,091,881 |
| Public Housing Capital Funds (incl DDTF) | $1,046,261,378 |
| Public Housing RHF | $225,894,603 |
| Housing Choice Voucher Funds (MTW agencies only) | $538,234,103 |
| Public Housing Program Income | $40,540,281 |
| Choice Neighborhood Funds | $154,477,214 |
| Total | $11,078,498,889 |