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LOAN GUARANTEES: SUBSIDY RATES, COMMITMENTS, AND AVERAGE LOAN SIZE 2012 (US)

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
Department of Agriculture
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
Energy Programs:
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
Health Resources and Services Administration:
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
Department of Housing and Urban Development
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
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
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
Department of Transportation
Office of the Secretary:
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:
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
Department of the Treasury
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
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.