LOAN GUARANTEES: SUBSIDY RATES, COMMITMENTS, AND AVERAGE LOAN SIZE |
(Dollars in thousands) |
Agency, Bureau, Program and Risk Category |
BEA Category |
CR 1 |
|
|
2012 |
|
|
Subsidy rate (percent) |
Commitments |
Average loan size |
Subsidy rate (percent) |
Commitments |
Average loan size |
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|
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|
|
Department of Agriculture |
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|
|
|
|
|
|
|
|
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|
|
Farm Service Agency: |
|
|
|
|
|
|
|
Agricultural Credit Insurance Fund: |
|
|
|
|
|
|
|
Farm Ownership—Unsubsidized |
Discretionary |
0.38 |
1,462,810 |
357 |
-0.01 |
1,500,000 |
356 |
Farm Operating—Unsubsidized |
Discretionary |
2.33 |
1,507,554 |
230 |
1.74 |
1,500,000 |
230 |
Farm Operating—Subsidized |
Discretionary |
13.83 |
172,827 |
206 |
…… |
…… |
…… |
Conservation—Guaranteed |
Discretionary |
0.38 |
73,158 |
350 |
-0.01 |
150,000 |
350 |
Commodity Credit Corporation Export Loans: |
|
|
|
|
|
|
|
GSM 102. |
Mandatory |
-0.86 |
5,400,000 |
2,081 |
-0.53 |
5,400,000 |
2,081 |
Export Guarantee Program—Facilities |
Mandatory |
18.48 |
100,000 |
2,000 |
-4.64 |
100,000 |
2,000 |
|
|
|
|
|
|
|
|
Rural Housing Service: |
|
|
|
|
|
|
|
Community Facility Loan Guarantees |
Discretionary |
3.95 |
196,695 |
3,576 |
…… |
…… |
…… |
Rural Housing Insurance Fund: |
|
|
|
|
|
|
|
Guaranteed 538 Multi-Family Housing |
Discretionary |
9.69 |
16,780 |
1,398 |
…… |
…… |
…… |
Guaranteed 502 Single Family Housing |
Discretionary |
-0.19 |
24,000,000 |
129 |
-0.03 |
24,000,000 |
133 |
|
|
|
|
|
|
|
|
Rural Business Cooperative Service: |
|
|
|
|
|
|
|
Business and Industry Loan Guarantees |
Discretionary |
5.06 |
1,331,241 |
2,734 |
6.38 |
822,884 |
2,828 |
Renewable Energy Loan Guarantees |
Discretionary |
46.36 |
118,000 |
163 |
26.19 |
140,008 |
165 |
Biorefinery Assistance Loan Guarantees |
Discretionary |
31.10 |
880,945 |
55,059 |
…… |
…… |
…… |
|
|
|
|
|
|
|
|
Rural Utilities Service: |
|
|
|
|
|
|
|
Water and Waste Disposal Loan Guarantees |
Discretionary |
-0.85 |
75,000 |
1,563 |
1.59 |
11,949 |
1,707 |
|
|
|
|
|
|
|
|
Department of Commerce |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Economic Development Administration: |
|
|
|
|
|
|
|
Science Parks Loan Guarantees |
Discretionary |
…… |
…… |
…… |
15.50 |
45 |
9 |
|
|
|
|
|
|
|
|
Department of Energy |
|
|
|
|
|
|
|
|
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|
|
|
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|
|
Energy Programs: |
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|
|
|
|
|
|
Title 17 Innovative Technology Program: |
|
|
|
|
|
|
|
Section 1703 Loan Guarantees (Self Pay) |
Discretionary |
0.00 |
1,100,000 |
366,667 |
0.00 |
7,100,000 |
1,775,000 |
Section 1705 Loan Guarantees |
Discretionary |
5.66 |
4,072,073 |
407,207 |
…… |
…… |
…… |
Better Buildings Pilot Loan Guarantee Initiative for Universities, Schools, |
|
|
|
|
|
|
|
and Hospitals |
Discretionary |
…… |
…… |
…… |
5.01 |
2,000,000 |
80,000 |
|
|
|
|
|
|
|
|
Department of Health and Human Services |
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|
|
|
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Health Resources and Services Administration: |
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|
|
|
|
|
|
Health Resources and Services: |
|
|
|
|
|
|
|
Facilities Renovation Loans |
Discretionary |
2.72 |
10,000 |
2,000 |
2.67 |
10,000 |
2,000 |
Managed Care Network Loans |
Discretionary |
9.13 |
2,000 |
2,000 |
9.62 |
2,000 |
2,000 |
Managed Care Plan Loans |
Discretionary |
5.69 |
5,000 |
5,000 |
5.76 |
5,000 |
5,000 |
|
|
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|
|
|
|
|
Department of Housing and Urban Development |
|
|
|
|
|
|
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|
|
|
|
|
|
|
Public and Indian Housing Programs: |
|
|
|
|
|
|
|
Title VI Indian Federal Guarantees Program. |
Discretionary |
10.20 |
20,000 |
2,000 |
10.80 |
20,000 |
2,000 |
Indian Housing Loan Guarantee |
Discretionary |
0.83 |
482,000 |
130 |
1.46 |
428,000 |
86 |
Native Hawaiian Housing Loan Guarantees |
Discretionary |
0.83 |
41,504 |
332 |
0.93 |
41,504 |
296 |
|
|
|
|
|
|
|
|
Community Planning and Development: |
|
|
|
|
|
|
|
Community Development Loan Guarantees (Section 108) |
Discretionary |
2.34 |
275,000 |
5,500 |
0.00 |
500,000 |
5,000 |
|
|
|
|
|
|
|
|
Housing Programs: |
|
|
|
|
|
|
|
HOPE for Homeowners Loan Guarantees |
Mandatory |
10.90 |
19,751 |
198 |
…… |
…… |
…… |
FHA Mutual Mortgage Insurance Fund: |
|
|
|
|
|
|
|
Mutual Mortgage Insurance Program |
Discretionary |
-3.25 |
300,318,000 |
179 |
-2.16 |
218,000,000 |
179 |
Mutual Mortgage Insurance Program—HECM |
Discretionary |
-0.01 |
24,281,047 |
267 |
-1.52 |
20,000,000 |
267 |
Mutual Mortgage Insurance Program—Refi |
Discretionary |
0.00 |
60,000,000 |
170 |
0.00 |
83,861,000 |
170 |
FHA General and Special Risk Insurance Fund: |
|
|
|
|
|
|
|
Multifamily Development |
Discretionary |
-1.88 |
4,000,000 |
20,619 |
-1.09 |
4,371,137 |
20,619 |
221(d)(3) Cooperatives. |
Discretionary |
10.74 |
35,000 |
17,500 |
11.81 |
35,000 |
17,500 |
Tax Credit New Construction |
Discretionary |
-3.45 |
1,000,000 |
7,692 |
-2.30 |
1,263,899 |
7,707 |
Apartments Refinance. |
Discretionary |
-3.40 |
7,000,000 |
9,957 |
-2.17 |
6,175,546 |
9,913 |
241 Supplemental Loans |
Discretionary |
5.40 |
9,000 |
4,500 |
5.01 |
18,200 |
4,550 |
Multifamily Operating Loss Loans |
Discretionary |
21.63 |
400 |
400 |
20.57 |
2,000 |
2,000 |
Housing Finance Authority Risk Sharing |
Discretionary |
-1.42 |
200,000 |
10,000 |
-0.99 |
233,278 |
9,720 |
GSE Risk Sharing. |
Discretionary |
-1.43 |
60,000 |
10,000 |
-0.99 |
100,000 |
10,000 |
Health Care and Nursing Homes |
Discretionary |
-0.65 |
500,000 |
10,870 |
-1.34 |
597,521 |
10,864 |
Health Care Refinances. |
Discretionary |
-1.51 |
3,500,000 |
8,159 |
-1.96 |
6,106,583 |
8,197 |
Hospitals. |
Discretionary |
-3.67 |
2,500,000 |
96,154 |
-3.82 |
2,930,000 |
94,516 |
Other Rental. |
Discretionary |
-3.10 |
750,000 |
30,000 |
-1.70 |
626,580 |
28,481 |
Title 1 Property Improvement |
Discretionary |
-0.76 |
154,217 |
14 |
-0.67 |
169,838 |
14 |
Title 1 Manufactured Housing |
Discretionary |
-0.99 |
58,840 |
47 |
-2.14 |
64,724 |
47 |
|
|
|
|
|
|
|
|
Government National Mortgage Association: |
|
|
|
|
|
|
|
Guarantees of Mortgage-Backed Securities |
Discretionary |
-0.24 |
290,000,000 |
179 |
-0.19 |
278,000,000 |
179 |
|
|
|
|
|
|
|
|
Department of the Interior |
|
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|
Bureau of Indian Affairs: |
|
|
|
|
|
|
|
Indian Guaranteed Loans. |
Discretionary |
8.16 |
77,740 |
3,702 |
8.42 |
25,000 |
3,571 |
Indian Insured Loans. |
Discretionary |
4.04 |
6,000 |
500 |
5.68 |
1,000 |
71 |
|
|
|
|
|
|
|
|
International Assistance Programs |
|
|
|
|
|
|
|
|
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|
|
Agency for International Development: |
|
|
|
|
|
|
|
Loan Guarantees to Israel |
Discretionary |
0.00 |
1,800,000 |
1,800,000 |
0.00 |
2,014,000 |
2,014,000 |
Development Credit Authority (DCA) Loan Guarantees. |
Discretionary |
4.12 |
605,000 |
13,444 |
7.56 |
670,000 |
13,400 |
|
|
|
|
|
|
|
|
Overseas Private Investment Corporation: |
|
|
|
|
|
|
|
OPIC Loan Guarantees. |
Discretionary |
-5.37 |
1,100,000 |
27,500 |
-5.41 |
1,150,000 |
28,750 |
OPIC Investment Funds. |
Discretionary |
-7.39 |
600,000 |
100,000 |
-5.99 |
900,000 |
100,000 |
|
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|
Department of Transportation |
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|
Office of the Secretary: |
|
|
|
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|
Minority Business Resource Center Loan Guarantees |
Discretionary |
1.79 |
18,367 |
510 |
1.81 |
18,367 |
510 |
|
|
|
|
|
|
|
|
Federal Highway Administration: |
|
|
|
|
|
|
|
Transportation Infrastructure, Finance & Innovation (TIFIA) Loan Guarantees. |
Discretionary |
10.00 |
200,000 |
200,000 |
10.00 |
200,000 |
200,000 |
|
|
|
|
|
|
|
|
Federal Railroad Administration: |
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|
|
|
|
|
|
Railroad Rehabilitation and Improvement Financing Guarantees |
Discretionary |
0.00 |
100,000 |
5,000 |
0.00 |
100,000 |
5,000 |
|
|
|
|
|
|
|
|
Maritime Administration: |
|
|
|
|
|
|
|
Maritime Guaranteed Loan (Title XI): |
|
|
|
|
|
|
|
Risk Category 2. |
Discretionary |
3.26 |
136,000 |
136,000 |
3.62 |
74,000 |
74,000 |
Risk Category 4. |
Discretionary |
6.77 |
176,000 |
176,000 |
7.26 |
108,000 |
108,000 |
|
|
|
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|
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|
Department of the Treasury |
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Departmental Offices: |
|
|
|
|
|
|
|
Troubled Asset Relief Program, Home Affordable Modification Program: |
|
|
|
|
|
|
|
FHA Refi Letter of Credit |
Mandatory |
4.37 |
60,000,000 |
170 |
4.90 |
83,681,000 |
170 |
|
|
|
|
|
|
|
|
Department of Veterans Affairs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Benefits Programs: |
|
|
|
|
|
|
|
Veterans Housing Benefit Program Fund: |
|
|
|
|
|
|
|
Housing Guaranteed Loans |
Mandatory |
-0.31 |
68,407,260 |
214 |
0.35 |
57,468,626 |
218 |
Housing Guaranteed Loans (Legislative Proposal) |
Mandatory |
…… |
…… |
…… |
0.35 |
57,575,000 |
218 |
Guaranteed Loan Sale Securities—Vendee |
Mandatory |
2.00 |
989,711 |
105 |
10.75 |
1,046,320 |
106 |
Guaranteed Loan Sale Securities—Vendee (Legislative Proposal) |
Mandatory |
…… |
…… |
…… |
2.53 |
2,092,640 |
106 |
|
|
|
|
|
|
|
|
Small Business Administration |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Business Loans: 2 |
|
|
|
|
|
|
|
7(a) General Business Loan Guarantees |
Discretionary |
0.75 |
11,101,766 |
365 |
0.87 |
14,492,937 |
364 |
Section 504 Certified Development Companies Debentures |
Discretionary |
0.00 |
5,625,000 |
712 |
1.09 |
7,500,000 |
693 |
SBIC Debentures. |
Discretionary |
0.00 |
3,000,000 |
22,693 |
0.00 |
3,000,000 |
25,323 |
Secondary Market Guarantee |
Discretionary |
0.00 |
12,000,000 |
11,685 |
0.00 |
12,000,000 |
14,652 |
Secondary Market 504 First Mortgage Guarantees—ARRA |
Discretionary |
0.00 |
428,572 |
11,583 |
0.00 |
2,571,428 |
17,613 |
7(a) General Business Loan Guarantees—ARRA |
Discretionary |
5.68 |
3,692,620 |
354 |
…… |
…… |
…… |
Section 504 Certified Development Companies—ARRA |
Discretionary |
2.18 |
1,875,000 |
712 |
…… |
…… |
…… |
7(a) Dealer Floor Plan. |
Discretionary |
0.02 |
15,409,735 |
68,793 |
0.02 |
15,336,492 |
51,293 |
7(a) Dealer Floor Plan—ARRA |
Discretionary |
0.12 |
5,136,578 |
68,488 |
…… |
…… |
…… |
7(a) Revolvers. |
Discretionary |
0.11 |
37,455,988 |
2,649 |
0.12 |
32,722,296 |
2,345 |
504 Commercial Real Estate (CRE) Refinance Program |
Discretionary |
0.00 |
7,500,000 |
712 |
0.00 |
7,500,000 |
693 |
7(a) Revolvers—ARRA. |
Discretionary |
0.16 |
12,673,196 |
2,616 |
…… |
…… |
…… |
|
|
|
|
|
|
|
|
Disaster Loans: |
|
|
|
|
|
|
|
Immediate Disaster Assistance |
Discretionary |
1.89 |
18,688 |
20 |
…… |
…… |
…… |
Expedited Disaster Assistance |
Discretionary |
…… |
…… |
…… |
2.28 |
58,669 |
73 |
|
|
|
|
|
|
|
|
Other Independent Agencies |
|
|
|
|
|
|
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|
Export-Import Bank of the United States: |
|
|
|
|
|
|
|
Long Term Guarantees. |
Discretionary |
-2.58 |
12,348,000 |
176,400 |
-1.68 |
21,054,000 |
174,000 |
Medium Term Guarantees |
Discretionary |
9.86 |
466,000 |
4,161 |
6.65 |
510,000 |
7,391 |
Short Term Insurance. |
Discretionary |
0.21 |
6,155,000 |
2,798 |
0.15 |
9,889,000 |
2,797 |
Medium Term Insurance |
Discretionary |
…… |
…… |
…… |
8.20 |
341,000 |
2,092 |
1 A full-year 2011 appropriation was not enacted at the time the budget was prepared; therefore, discretionary programs are operating under a continuing resolution (P.L. 111–242, as amended). The amounts included for 2011 reflect the annualized level provided by the continuing resolution. |
2 Small Business Administration amounts include the estimated aggregate face value of credit provided by revolving facilities. |