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 $18.88 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.
| $18.88 | |
| All Other Funding | |
| Commercial Non-FHA Loan | $8,196,176,352 |
| Commercial FHA Loan | $3,377,149,415 |
| Deferred Developer Fee | $1,120,503,921 |
| Interim Income | $501,263,667 |
| Accrued & Unpaid Interest | $339,185,571 |
| Seller Note/Take Back Financing | $6,510,225,431 |
| PHA Non-Federal Funds | $646,580,983 |
| Public Housing Program Income | $40,453,050 |
| Federal Home Loan Bank AHP | $102,478,727 |
| HOME | $265,680,952 |
| CDBG | $169,156,710 |
| National Housing Trust Fund | $102,712,492 |
| Other Federal Funds | $263,117,991 |
| State or Local Funds | $3,392,203,044 |
| Sponsor or Partner Funds | $598,441,050 |
| Philanthropic/Foundation | $8,117,692 |
| Tax Credit Equity | $13,512,931,703 |
| GP Equity/Reinvested Capital | $244,409,074 |
| Equity | $151,314,530 |
| Total | $39,642,149,991 |
| : |
| : |
| $1.00 | |
| Public Housing Funds | |
| Public Housing Operating Reserves | $573,391,818 |
| Public Housing Capital Funds (incl DDTF) | $945,365,256 |
| Public Housing RHF | $224,857,258 |
| Housing Choice Voucher Funds (MTW agencies only) | $358,444,643 |
| Choice Neighborhood Funds | $100,047,636 |
| Total | $2,102,058,975 |