Public Housing Funds Leverage Ratio     ($15.56 : $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 $15.56 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.

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
Seller Note/Take Back Financing$4,784,769,463
PHA Non-Federal Funds$390,278,892
Public Housing Program Income$331,426,603
Federal Home Loan Bank AHP$82,734,504
National Housing Trust Fund$43,761,825
Other Federal Funds$204,806,898
State or Local Funds$1,374,433,513
Sponsor or Partner Funds$331,426,603
Tax Credit Equity$8,689,614,722
GP Equity/Reinvested Capital$162,304,594
Public Housing 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