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:
    Above Market:
    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
    Pre Proactivity
    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
    Below Market:
    Regularly Scheduled Expirations:
    Insured Renewed at Current Rents
4,700 7,265 1 34,145,500
    Pre Proactivity
    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:
    Renewed at Market
3,000 4,811 1 14,433,000
Loan Mnagement set-aside:
    Above Market
    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
    Below Market:
    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
    Above Market
    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
    Below Market:
    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

 
 
Content Archived: January 20, 2009