This ratio reflects the total funds generated per dollar of public housing funding that is utilized in a RAD conversion. The ratio shows that RAD conversions raised $18.80 from other funding sources (the numerator) for every dollar that came from appropriated public housing funds (the denominator). This ratio compares the sources of funds generated in a RAD conversion relative to the federal funding provided to support the public housing assets in the absence of the RAD program.
| $18.80 | |
| 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 |
| Seller Note/Take Back Financing | $7,384,151,207 |
| PHA Non-Federal Funds | $685,163,886 |
| Public Housing Program Income | $40,530,072 |
| Federal Home Loan Bank AHP | $108,333,727 |
| HOME | $293,099,511 |
| CDBG | $178,463,348 |
| National Housing Trust Fund | $108,562,492 |
| Other Federal Funds | $274,251,528 |
| State or Local Funds | $4,723,908,965 |
| 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 | $45,647,831,635 |
| : |
| : |
| $1.00 | |
| Public Housing Funds | |
| 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 |
| Choice Neighborhood Funds | $145,716,990 |
| Total | $2,489,995,061 |