Public Funds Leverage Ratio     ($6.38 : $1.00)

This ratio measures the amount of total funds generated per dollar of funding from federal, state, or local funding sources. This ratio shows that RAD conversions raised $6.38 from other funding sources (the numerator) for every dollar of federal, state, or local funds (the denominator). This ratio reflects all direct public sector funding compared to all other resources generated through a RAD transaction.

$6.38
All Other Funding
Commercial Non-FHA Loan$4,381,981,969
Commercial FHA Loan$1,871,514,944
Deferred Developer Fee$547,713,944
Interim Income$193,827,850
Accrued & Unpaid Interest$90,575,544
PHA Non-Federal Funds$398,505,132
Public Housing Program Income$322,583,134
Federal Home Loan Bank AHP$83,234,504
Seller Note/Take Back Financing$4,799,497,976
Sponsor or Partner Funds$322,583,134
Philanthropic/Foundation$6,223,568
Tax Credit Equity$8,856,818,723
GP Equity/Reinvested Capital$162,207,257
Equity$117,967,137
Total$22,155,234,816
:
:
$1.00
Public Funds
Public Housing Operating Reserves$501,678,524
Public Housing Capital Funds (incl DDTF)$727,929,834
Public Housing RHF$234,894,270
Housing Choice Voucher Funds (MTW agencies only)$90,575,544
HOME$201,017,808
CDBG$79,798,281
National Housing Trust Fund$44,998,625
Other Federal Funds$204,806,898
State or Local Funds$1,413,754,268
Total$3,499,454,052