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 $18.96 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.
| $18.96 | |
| All Other Funding | |
| Commercial Non-FHA Loan | $8,671,828,901 |
| Commercial FHA Loan | $3,487,758,515 |
| Deferred Developer Fee | $1,143,396,090 |
| Interim Income | $529,015,666 |
| Accrued & Unpaid Interest | $357,908,720 |
| Seller Note/Take Back Financing | $6,642,378,983 |
| PHA Non-Federal Funds | $672,087,826 |
| Public Housing Program Income | $40,453,050 |
| Federal Home Loan Bank AHP | $104,478,727 |
| HOME | $287,099,511 |
| CDBG | $176,463,348 |
| National Housing Trust Fund | $102,712,492 |
| Other Federal Funds | $263,066,707 |
| State or Local Funds | $3,650,999,319 |
| Sponsor or Partner Funds | $603,490,521 |
| Philanthropic/Foundation | $9,017,692 |
| Tax Credit Equity | $13,855,897,962 |
| GP Equity/Reinvested Capital | $244,593,087 |
| Equity | $166,306,974 |
| Total | $41,125,001,727 |
| : |
| : |
| $1.00 | |
| Public Housing Funds | |
| Public Housing Operating Reserves | $583,647,329 |
| Public Housing Capital Funds (incl DDTF) | $963,808,989 |
| Public Housing RHF | $224,857,258 |
| Housing Choice Voucher Funds (MTW agencies only) | $388,831,398 |
| Choice Neighborhood Funds | $116,047,636 |
| Total | $2,161,144,973 |