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 | $10,350,914,966 |
| Commercial FHA Loan | $3,633,298,680 |
| Deferred Developer Fee | $1,323,740,563 |
| Interim Income | $577,634,657 |
| Accrued & Unpaid Interest | $525,597,767 |
| Federal Home Loan Bank AHP | $113,833,727 |
| HOME | $295,519,511 |
| CDBG | $179,907,557 |
| Other Federal Funds | $299,036,743 |
| State or Local Funds | $4,977,370,471 |
| National Housing Trust Fund | $112,604,316 |
| Sponsor or Partner Funds | $624,946,254 |
| Philanthropic/Foundation | $9,317,692 |
| Tax Credit Equity | $15,801,115,730 |
| GP Equity/Reinvested Capital | $281,033,819 |
| Equity | $195,736,464 |
| Total | $39,301,608,917 |
| : |
| : |
| $1.00 | |
| PHA Assets | |
| Seller Note/Take Back Financing | $7,698,256,014 |
| PHA Non-Federal Funds | $718,134,347 |
| Public Housing Operating Reserves | $596,000,241 |
| Public Housing Capital Funds (incl DDTF) | $1,038,717,561 |
| 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 | $11,010,254,364 |