Public Housing Funds Leverage Ratio     ($15.52 : $1.00)

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 $15.52 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.

$15.52
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
Seller Note/Take Back Financing$4,799,497,976
PHA Non-Federal Funds$398,505,132
Public Housing Program Income$322,583,134
Federal Home Loan Bank AHP$83,234,504
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
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$24,099,610,695
:
:
$1.00
Public Housing 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
Total$1,555,078,172