Public Funds Leverage Ratio     ($6.40 : $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 $6.40 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.

$6.40
All Other Funding
Commercial Non-FHA Loan$4,347,379,723
Commercial FHA Loan$1,841,208,434
Deferred Developer Fee$537,860,435
Interim Income$194,425,502
Accrued & Unpaid Interest$90,993,470
PHA Non-Federal Funds$390,278,892
Public Housing Program Income$331,426,603
Federal Home Loan Bank AHP$82,734,504
Seller Note/Take Back Financing$4,784,769,463
Sponsor or Partner Funds$331,426,603
Philanthropic/Foundation$6,225,278
Tax Credit Equity$8,689,614,722
GP Equity/Reinvested Capital$162,304,594
Equity$119,508,358
Total$21,910,156,581
:
:
$1.00
Public Funds
Public Housing Operating Reserves$493,306,718
Public Housing Capital Funds (incl DDTF)$707,472,083
Public Housing RHF$236,209,476
Housing Choice Voucher Funds (MTW agencies only)$90,993,470
HOME$194,727,836
CDBG$78,978,401
National Housing Trust Fund$43,761,825
Other Federal Funds$204,806,898
State or Local Funds$1,374,433,513
Total$3,424,690,219