CFFP/MF Development Transactions
|
State
|
CFP/CFFP
Proceeds
|
Additional
Funds Leveraged
|
Leverage
Ratio
|
Type
of
Tax Credits
|
|
Philadelphia
II
|
PA
|
$33,000,000
|
$15,544,000
|
0.47
|
4%
|
|
Philadelphia
III
|
PA
|
$21,000,000
|
$12,604,000
|
0.60
|
4%
|
|
New
Orleans *
|
LA
|
$27,550,000
|
$13,445,410
|
0.49
|
4%
|
|
Houston
I
|
TX
|
$8,642,784
|
$12,116,000
|
1.40
|
4%
|
|
Houston
II
|
TX
|
$4,098,344
|
$12,959,100
|
3.16
|
9%
|
|
Allegheny
I
|
PA
|
$4,000,000
|
$3,139,267
|
0.78
|
4%
|
|
Allegheny
II
|
PA
|
$2,000,000
|
$6,079,000
|
3.04
|
9%
|
|
Jackson
|
TN
|
$3,029,418
|
$4,774,967
|
1.58
|
4%
|
|
Fayette
County
|
PA
|
$4,173,082
|
$8,696,000
|
2.08
|
9%
|
|
Pittsburgh
I
|
PA
|
$8,900,00
|
$11,259,303
|
1.27
|
4%
|
|
Pittsburgh
II
|
PA
|
$6,457,708
|
$7,191,888
|
1.11
|
4%
|
|
|
|
Overall
Total
|
|
$113,951,336
|
$107,808,93
|
0.95
|
|
*
The Florida IIA development was destroyed by Hurricane Katrina and
$21,700,000 of bonds were redeemed
|