![](/images/spacer.gif) |
Congressional Justifications for 1998 Budget Estimates
Contract Renewal Estimates Fiscal Year 1998
Fiscal Year 1998 |
Units |
Average Costs |
Term |
Funding Requirements |
|
New Construction/Substantial Rehabilitation: |
|
Regularly Scheduled Expirations:
|
Insured Renewed at Current Rents
|
7,190
|
$10,576
|
1
|
$76,041,440
|
Insured Renewed at Market as Project-Based
|
31,595
|
5,006
|
1
|
158,164,570
|
Insured Renewed at Market as Tenant-Based
|
3,511
|
5,460
|
1
|
19,170,060
|
|
Insured Renewed at Market as Project-Based
|
46,686
|
5,006
|
1
|
233,710,116
|
Insured Renewed at Market as Tenant-Based
|
5,187
|
5,460
|
1
|
28,321,020
|
|
Regularly Scheduled Expirations:
|
Insured Renewed at Current Rents
|
4,700
|
7,265
|
1
|
34,145,500
|
|
Insured Renewed at Current Rents
|
7,444
|
7,265
|
1
|
54,080,660
|
Section 202/8 Renewed at Current Rents
|
2,193
|
5,969
|
1
|
13,090,017
|
Non-Insured OTHER Renewed at Current Rents
|
6,170
|
8,190
|
1
|
50,532,300
|
Non-Insured FmHA Renewed at Current Rents
|
3,585
|
5,195
|
1
|
18,624,075
|
1996-1997 Pre Demo Units:
|
|
3,000
|
4,811
|
1
|
14,433,000
|
Loan Mnagement set-aside: |
|
Regularly Scheduled Expirations:
|
Insured Renewed at Current Rents
|
9,215
|
5,977
|
1
|
55,078,055
|
Insured Renewed at Market as Project-Based
|
85,987
|
5,050
|
1
|
434,234,350
|
Insured Renewed at Market as Tenant-Based
|
10,597
|
5,303
|
1
|
56,195,891
|
|
Regularly Scheduled Expirations:
|
Insured Renewed at Current Rents
|
213,917
|
3,731
|
1
|
798,124,327
|
Section 202/8 Renewed at Current Rents
|
5,049
|
2,502
|
1
|
12,632,598
|
Non-insured at Current Rents
|
1,046
|
3,743
|
1
|
3,915,178
|
Property Dispostion |
|
Regularly Scheduled Expirations:
|
Insured Renewed at Current Rents
|
389
|
5,977
|
1
|
2,325,053
|
Insured Renewed at Market as Project-Based
|
4,024
|
7,533
|
1
|
30,312,792
|
Insured Renewed at Market as Tenant-Based
|
447
|
8,160
|
1
|
3,647,520
|
|
Regularly Scheduled Expirations:
|
Insured Renewed at Current Rents
|
9,026
|
7,265
|
1
|
65,573,890
|
Non-Insured Renewed at Current Rents
|
4,688
|
5,566
|
1
|
26,093,408
|
Preservation - Repayment: |
1996-1998 Preservation Expirations
|
16,330
|
5,303
|
1
|
86,597,990
|
Disabled Vouchers: |
Renewal of 1997 and Subsequent Production
|
6,637
|
5,336
|
1
|
35,415,032
|
Housing Tenant Protection |
32,000
|
7,746
|
1
|
247,872,000
|
Certificates |
913,924
|
6,386
|
1
|
5,836,318,664
|
Vouchers |
304,708
|
6,386
|
1
|
1,945,865,288
|
Moderate Rehabilitation |
46,993
|
6,386
|
1
|
300,097,298
|
Family Self Sufficiency Coordinators |
NA |
NA |
1
|
24,000,000
|
Allowance for Contingencies |
NA |
NA |
1
|
161,645,625
|
Adjustment for Funding on Hand |
NA |
NA |
1
|
(1,594,000,000) |
Fiscal Year 1998 Total |
1,786,238
|
NA |
NA |
9,232,257,717
|
|