The Homeowner Assistance Program Week 196 Situation & Pipeline Report

Transcription

1 The Homeowner Assistance Program Situation & Pipeline Report April 6, 2010

2 Table of Contents Weekly Situation & Pipeline Report EXECUTIVE SUMMARY... 2 HOMEOWNER PROGRAM... 3 Housing Assistance Center Activity... 5 Award Calculation Activity... 5 Elderly Award Closing Activity... 5 Low/Moderate Income Households... 6 Elevation Program Activity... 7 Home Evaluations (Home Inspection) Activity Appeals Personal Application Liaisons (PAL) Housing Assistance Center Appointment Activity ANTIFRAUD, WASTE & ABUSE/ RECORDS REQUESTS APPENDIX A APPENDIX B APPENDIX C APPENDIX D APPENDIX E GLOSSARY

3 EXECUTIVE SUMMARY Weekly Situation & Pipeline Report A total of 13 appointments were held with applicants at the Homeowner Assistance Office in Baton Rouge. The number of total eligible population decreased to 150,558 and the total number of closings held as of April 1 increased to 127,053. Table 1: Homeowner Program Snapshot Activity Applications Received As of COB Weekly As of COB 3/25/10 Activity 4/1/10 Total Applications Received 229, ,420 Ineligible Applications Total Ineligible 78, ,862 Duplicate Application 39, ,667 No First Appointment 24, ,637 Ineligible- FEMA Assessment 7, ,518 Sold Home Ineligible / Not Interested 2, ,635 Other Ineligible Reason 4, ,405 Eligible Applications Total Eligible Population 150, ,558 Applications Withdrawn 3, ,908 Zero Awards 15, ,894 Total Benefit Calculated (Eligible Only) 130, ,756 Funding Disbursed Total Funding Disbursed 126, ,053 Option One Closings 116, ,835 Option Two Closings 8, ,019 Option Three Closings 2, ,199 Sold Homes Closings 1, ,071 Elevation Only Closings 2, ,395 Total Closings with Elevation Dollars 29, ,734 Affordable Compensation Grants Disbursed 45, ,343 Benefits Calculated Without Funds Disbursed Eligiblity Calculated Without Funds Disbursed 3, ,703 Eligiblity Documentation Requested 2, ,342 Active Applications Currently Transferred to Title Company Initial Closing Transfer Additional Disbursement Transfer Total Dollars $ 8,649,556,333 $ 8,415,033,207 $ 7,538,386,866 $ 707,566,345 $ 167,079,966 $ 47,799,996 $ 71,021,198 $ 861,683,476 $ 1,891,318,646 $ 53,683,715 $ 5,881,402 2

4 CALCULATIONS APPOINTMENTS Weekly Situation & Pipeline Report HOMEOWNER PROGRAM Figure 1: Homeowner Assistance Program Pipeline - Applicant Input and Calculation A APPLICATIONS & HOMEOWNER PROCESS APPS RECEIVED TOTAL INELIGIBLE BENEFIT OPTIONS LETTERS WITHOUT CLOSINGS RHAS APPTS HELD CUMULATIVE As of 3/25 229,419 78,863 3, CUMULATIVE As of 4/1 229,420 78,862 3,703 63,715 INCREASE The $8.65 billion total and $66,150 average award represent maximum benefit if ALL eligible applicants select to rebuild in place (the total includes additional compensation grant calculations, compensation grants, and elevation grants, but does not include zero grant awards and applicants terminated) TOTAL ELIGIBLE POPULATION 150, ,558 2 TOTAL $ 8.65 billion $ 8.65 billion $.0 b AVERAGE $66,167 $66,150 3

5 CLOSINGS CLOSINGS BY OPTION SELECTION Figure 2: Homeowner Assistance Program Pipeline Option Selection and Closing Processing Weekly Situation & Pipeline Report HOMEOWNER CUMULATIVE CUMULATIVE PROCESS OPTION ONE CLOSINGS OPTION TWO CLOSINGS As of 3/25 116,787 8,003 As of 4/1 116, INCREASE *Extrapolation of average award for populations where funds have been disbursed OPTION THREE CLOSINGS SOLD HOMES 2,193 2, See the Glossary for explanation of Figure 2 terms TOTAL FUNDING DISBURSED 126, , TOTAL $8.39 billion $8.41 billion $.02 b AVERAGE* $66,085 $66,217 4

6 Housing Assistance Center Activity A total of 13 RHAS appointments were held at the Baton Rouge Housing Assistance Office for the reporting week. As of April 20, 2009, 883 RHAS appointments were conducted by HGI. Award Calculation Activity The Road Home has calculated 150,558 benefits o The average total benefit calculated was $66,150 (excluding zero awards applicants withdrawn and ineligible) o 3,908 calculations resulted in applications withdrawn from the program o 15,894 zero awards grant amounts were calculated o 3,703 benefits options letters are available for transfer to closing agents Elderly Award Closing Activity Of the homeowners who have selected their options: o 29,356 options selection letters have been returned from elderly applicants (Total Table 2 and 3) o The vast majority of all homeowners, including elderly homeowners, have selected Option 1 to keep their homes Table 2: Cumulative Elderly Benefits Options Closing Elderly Benefits Options Closings Number of Option One 24,728 Number of Option Two 2,618 Number of Option Three 1,884 Total 29,230 Table 3: Cumlative Elderly Benefits Options Selection Elderly Benefits Options Selected Remaining Number of Option One 96 Number of Option Two 22 Number of Option Three 6 Total 126 5

7 Table 4: Closings Held Activity including LMI Detail Total Household and Low/Moderate Income (LMI) Detail Closings Held Option 1 Option 2 Option 3 Totals Number of Closings Held 116,835 8,019 2, ,053 Total $ in Closings Held $7,538,386, $707,566, $167,079, $8,413,033, Comp Grant $ in Closings Held Elev Grant $ in Closings Held $4,968,575, $524,405, $167,079, $5,660,061, $861,603, $49, N/A $861,653, ACG $ in Closings Held $1,708,207, $183,111, N/A $1,891,318, Number of Closings Held by LMI 49,446 3, ,214 Total $ to LMI $4,003,234, $387,401, $68,705, $4,459,341, Comp Grant $ to LMI $1,981,612, $214,617, $68,705, $2,264,935, Elev Grant $ to LMI $416,968, $20, N/A $416,989, ACG $ in Research for Categorization** $103,554, $10,347, N/A $113,901, ACG $ to LMI $1,604,652, $172,763, N/A $1,777,416, Total ACG $ $1,708,207, $183,111, N/A $1,891,318, % of Total Closings Held that are LMI 42 % 48 % 41 % 43 % % of Total $ to LMI 53 % 55 % 41 % 53 % % of Comp Grant $ to LMI % of Elev Grant $ to LMI 40 % 41 % 41 % 40 % 48 % 41 % N/A 48 % % of ACG $ to LMI 94 % 94 % N/A 94 % **The following table represents a subset of additional ACG dollars disbursed resulting from the $50,000 ACG cap removal on LMI Option 1 applicants Table 5: Additional ACG Dollars ACG > $50,000 Count 8,177 Additional ACL Amount $287,761, Low/Moderate Income Households A total of 127,053 applicants had gone to closing and received their Road Home disbursement as of April 1, Of these applicants, 54,214 (43 percent) were documented as LMI. A total of $8,413,033,207 in. Homeowner Assistance Program awards were disbursed as of April 1, Of these disbursements, (53 percent) went to applicants documented as LMI 6

8 Number of Applications Weekly Situation & Pipeline Report Elevation Program Activity As of April 1, 2009, 115,534 elevation letters have been sent to applicants. 34,490 (30%) applicants have returned letters expressing their interest in participating in the elevation program. 31,217 applicants are eligible and interested in receiving elevation awards. 29,734 applicants have received elevation disbursements totaling $860,705,076 (average elevation award of $28,947). 4,730 initial and 23,098 additional disbursements of elevation funds from March 2008 through the present for a total of $809,227,399. 1,906 initial and 674 additional disbursements previously from program inception through current total of $51,477, elevation requests for a total of $6,225,882 are currently at the closing companies for processing. See Table 6 and Figure 3 and 4 for a summary of Elevation Disbursement Activity. Table 6: Elevation Disbursement Activity # of Initial Disbursements Total $ Disbursed Elevation Disbursements through Feb 07 1, $51,477,677 Elevation Disbursements from Mar 08 4,730 23,098 $809,227,399 Total Elevation Disbursements $860,705,076 6,636 23,772 Applications at Title Companies # of Additional Disbursements Total Pending Transactions 208 $6,225, Figure 3: 2008 Elevation Disbursement Activities 30,000 Elevation Disbursements Through 3/25/ ,800 29,600 29,400 29,200 29,000 28,800 9/4 9/11 9/18 9/25 10/2 10/910/1610/2310/3011/611/1311/2011/2712/412/1112/1812/25 1/1 1/8 1/15 1/22 1/29 2/5 2/12 2/19 2/26 3/5 3/12 3/19 3/26 4/2 Period Ending Actually Disbursed At the Title Co. 7

9 Figure 4: Total Anticipated Disbursed Since April 20, ,000 29,500 29,000 28,500 28,000 5/1 6/20 8/9 9/28 11/17 1/6 2/25 Closing Activity As of April 1, 2009, a total of 14,377 files have been transferred to closing agents by HGI. The closing team has assisted closing agents complete 127,053 l closings, of which: o The average award is $66,217. o 54,214 also received additional compensation grants. The average additional compensation grant award is $32,785. o Closed 29,230 elderly applicants for a total of $2,245,041,887. o Appendix C reports Closings by Parish and Zip Code. To date, the closing agents have completed 23,200 additional disbursements for a total of $665,341,151. The average additional disbursement is $28,678. Table 7: Applicants and Closings Held By Race/Ethnicity Applicants Race # % # % American Indian/Alaska Native 666 >1% 514 >1% American Indian/Alaska Native and White 530 >1% 381 >1% American Indian/Alaskan Native/Black-African American 379 >1% 294 >1% Asian 2,925 2% 2,115 2% Asian and White 300 >1% 211 >1% Black/African American 65,833 36% 52,310 41% Black/African American and White 1,153 1% 900 2% Native Hawaiian/Other Pacific Islander 183 >1% 134 >1% Other Multi-Racial 3,419 2% 2,526 2% White 72,052 39% 50,395 41% A race was not provided 37,673 20% 17,273 14% 185, ,053 Closings Held 8

10 Figure 5: Award Size 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2, % 10% 9% 11% 8% 7% 6% 5% 6% 5% 5% 4% 4% 3% 2% 7% ($ thousands) Table 8: Eligible Application Summary Completed Applications Closed 127,054 Zero Awards 14,185 Zero Awards Sold Home 1,709 Due Diligence 2,342 Award Declined 3,908 Total Completed Applications 149,198 Applications that Cannot Close FEMA Eligibility Issue 0 Income 6 Insurance 0 Occupancy Proof Required 18 Ownership Proof Required 20 Refuse to Close 3 Title, Succession, Legal Mortgage Issue 15 Total Applications that Cannot Close 62 Active Applications In Progress Pre-Closings (non-sold homes) 264 In Progress Sold Homes Interested and Valid 22 In Progress Title Company 873 Awaiting Approval by OCD 50 Filed Pre-Closing Appeal 89 Total Active Applications 1298 TOTAL ELIGIBLE APPLICATIONS 150,558 9

11 Manufactured Home Project The special manufactured home project has yielded the following progress (See Summary Table 9): Identified 14,192 manufactured home applicants to date Updating and ensuring valid HEs are in data warehouse Working through PSV process o For nearly all cases, we have established whether or not land is owned used application data or called homeowner o Where land is owned, we have determined whether or not the existing BPO is based on manufactured home comparables; if not ordered new BPO Table 9: Manufactured Home Pipeline Progress Manufactured Homes Pipeline Summary COB Description 3/11/10 Total Number of Eligible Manufactured Home COB 3/18/10 COB 3/25/10 COB 4/1/10 Applications 14,191 14,192 14,192 14,192 Total Number of Eligible Manufactured Homes Closed Mobile Homes on Owned Land 5,942 5,942 5,942 5,943 Mobile Homes on Leased Land 8,249 8,250 8,250 8,249 (Funds Disbursed) 13,696 13,707 13,713 13,720 Total Number of Eligible Manufactured Homes Remaining Home Evaluations (Home Inspection) Activity Table 10: Home Evaluation Pipeline Progress ISSUE CATEGORY # OF ISSUES Case Review Issues 92 RH ECD/ Structure appeals 21 State Appeals 2 FEMA eligiblity appeals 1 Elevation appeals 9 Total Home Evaluation Issues

12 Appeals As of April 1, 2010, 17,315 cases have been processed through the Appeals department, 17,052 have been resolved, and 263 are active. Table 11 shows the status of these cases. 11: Status of Appeals ACTIVITY As of COB As of COB As of COB As of COB As of COB 4-Mar 11-Mar 18-Mar 25-Mar 1-Apr Total Cases Processed 17,268 17,277 17,298 17,298 17,315 Appeal Cases Pending Decision/Research Ineligible Status Appeal Total Active Cases Total Cases Resolved 16,972 16,994 17,025 17,026 17,052 Further analysis of the resolved appeals cases (17,052) shows that: 6,286 (33%) have resulted in additional funds being awarded to applicants for a total of $172,848,223. The average additional disbursement is $27, (4%) resulted in a reduction of award for a total of $15,796,165. The average reduction is $18,518. 5,396 (32%) resulted in no change to the award amount. 4,512 (23%) were reviewed for an eligibility determination, 1,577 were approved and 2,935 were denied.as of April 20, 2009, 1516 appeals cases have been reviewed and resolved by HGI. Table 12: Status of State Panel Review Appeals ACTIVITY As of COB As of COB As of COB As of COB 11-Mar 18-Mar 25-Mar 1-Apr Total Cases Requested for State Panel Review 3,881 3,887 3,894 3,906 State Appeal Cases in Progress State Appeal Cases Resolved 3,836 3,848 3,857 3,861 11

13 Personal Application Liaisons (PAL) There were a total of 712 PAL contacts made through the PAL initiative for this reporting period. Table 13 and Figures 5 and 6 detail PALs contacts by type and day. Table 13: PAL Metrics ACTIVITY # of App ID 2 Incoming Call 42 Left Voice Mail 14 Outgoing Call 80 Unable to Leave Msg 6 Final Award Call 251 Initial Call Day Call Day Call 67 Grand Total 712 Figure 6: PAL Breakdown by Type PAL Contact by Type 30 Day Call 9% Incoming Call 6% 0% Left Voice Mail Outgoing Call 2% 11% Unable to Leave Msg 1% 20 Day Call 18% Initial Call 18% Final Award Call 35% 12

14 Figure 7: PAL Contact Daily Activity PAL Contact by Date *A total number of 712 calls are referenced in table 12 on page 13 and figure 6 shown above for the weekly PAL contacts. 13

15 Housing Assistance Center Appointment Activity There were a total of 13 RHAS appointments held at the Baton Rouge Housing Assistance Centers during the reporting period. Figure 8: Housing Assistance Center Appointments by Week ACTIVITY 1-Apr Mar Mar 8 11-Mar Mar Number of Appointments per Week Total 2/1 3-/19 Figure 9: Housing Assistance Center Appointments by Day 21 Prior Number Appointments Per Day

16 3/5 PROGRAM SUPPORT STATUS ANTIFRAUD, WASTE & ABUSE/ RECORDS REQUESTS Researched and responded to subpoenas, advocacy group requests, and applicant file requests Investigated both internal and external matters reported via several sources, to include the Antifraud and Ethics Help Lines Table 14: Antifraud and Ethics Metrics 26-Feb 5-Mar 12-Mar 19-Mar 26-Mar ACTIVITY 4-Mar 11-Mar 18-Mar 25-Mar 1-Apr Issues Received via Antifraud and Ethic Help Line ACTIVITY Table 15: Antifraud, Waste & Abuse 26-Feb 5-Mar 12-Mar 19-Mar 26-Mar 4-Mar 11-Mar 18-Mar 25-Mar 1-Apr ID Verifications Received For Review ID Verifications Cleared AWFA Issues Opened ACTIVITY Table 16: Record Requests 26-Feb 5-Mar 12-Mar 19-Mar 26-Mar 4-Mar 11-Mar 18-Mar 25-Mar 1-Apr Subpoenas Received Subpoenas Resolved Public Record Requests Received Public Record Requests Resolved

17 APPENDIX A Option Selections of Applicants, by Parish of Damaged Residence Note: All Damaged Residence information is as provided by the applicant during the application process. Actual damaged residence information may differ from what the applicant provided. Eligibility information is properly confirmed during the verification process A Option 1. Keep Your Home Option 2. Sell, but Stay in Louisiana Option 3. Sell, and Move out of Louisiana Option 4. Decline Benefits Option 5. Delay Selection of Benefit Option 6. Unable to Determine Selection Acadia Allen Ascension Assumption Beauregard Calcasieu 12, ,871 Cameron 1, ,709 East Baton Rouge East Feliciana Evangeline Iberia 1, ,042 Iberville Jefferson 24, ,823 Jefferson Davis Lafayette Lafourche Livingston Total 16

18 A Option 1. Keep Your Home Option 2. Sell, but Stay in Louisiana Option 3. Sell, and Move out of Louisiana Option 4. Decline Benefits Option 5. Delay Selection of Benefit Option 6. Unable to Determine Selection Orleans 41,480 3,786 1, ,979 Plaquemines 2, ,269 Pointe Coupee Sabine Saint Bernard 7,873 3, ,432 Saint Charles 1, ,013 Saint Helena Saint James Saint Landry Saint Martin Saint Mary Saint Tammany 10, ,055 St John The Baptist 1, ,236 Tangipahoa 1, ,539 Terrebonne 2, ,591 Vermilion 1, ,666 Vernon Washington 1, ,357 West Baton Rouge West Feliciana ,853 8,667 2, ,100 Total 17

19 APPENDIX B Benefits Calculated by Damaged Residence Parish Note: All Damaged Residence information is as provided by the applicant during the application process. Actual damaged residence information may differ from what the applicant provided. Eligibility information is confirmed during the verification process Number of Parish Calculations Acadia 299 Allen 512 Ascension 153 Assumption 224 Beauregard 960 Calcasieu 12,915 Cameron 1,718 East Baton Rouge 183 East Feliciana 29 Evangeline 54 Iberia 1,048 Iberville 56 Jefferson 24,977 Jefferson Davis 884 Lafayette 123 Lafourche 816 Livingston 229 Orleans 47,170 Plaquemines 3,289 Pointe Coupee 14 Number of Parish Calculations Sabine 31 Saint Bernard 12,492 Saint Charles 1,017 Saint Helena 282 Saint James 382 Saint Landry 171 Saint Martin 110 Saint Mary 861 Saint Tammany 11,146 St John The Baptist 1,240 Tangipahoa 1,550 Terrebonne 2,603 Vermilion 1,687 Vernon 149 Washington 1,361 West Baton Rouge 13 West Feliciana 4 130,756 18

20 APPENDIX C Closings by Parish and Zip Code Note: All Damaged Residence information is as provided by the applicant during the application process. Actual damaged residence information may differ from what the applicant provided. Eligibility information is confirmed during the verification process. PARISH Option 1. Keep Your Home Option 2. Sell, but Stay in Louisiana Option 3. Sell, and Move out of Louisiana Acadia Allen Ascension Assumption Beauregard Calcasieu 12, ,660 Cameron 1, ,651 East Baton Rouge East Feliciana Evangeline Iberia 1, ,023 Iberville Jefferson 24, ,535 Jefferson Davis Lafayette Lafourche Livingston Orleans 40,783 3,442 1,429 45,654 Plaquemines 2, ,083 Pointe Coupee Sabine Total 19

21 PARISH Option 1. Keep Your Home Option 2. Sell, but Stay in Louisiana Weekly Situation & Pipeline Report Option 3. Sell, and Move out of Louisiana Saint Bernard 7,743 3, ,101 Saint Charles Saint Helena Saint James Saint Landry Saint Martin Saint Mary Saint Tammany 10, ,955 St John The Baptist 1,202 1,202 Tangipahoa 1, ,494 Terrebonne 2, ,487 Vermilion 1, ,644 Vernon Washington 1, ,312 West Baton Rouge West Feliciana 4 4 Total 116,835 8,019 2, ,053 20

22 Zip Code Number of Closings Zip code errors , , , , Zip Code Number of Closings , , , , , Weekly Situation & Pipeline Report Zip Code Number of Closings , , , , , , , , , , ,653 21

23 Zip Code Number of Closings , , , , , Zip Code Number of Closings Weekly Situation & Pipeline Report Zip Code Number of Closings ,

24 Zip Code Number of Closings , , Zip Code Number of Closings Weekly Situation & Pipeline Report Zip Code Number of Closings , , , ,

25 Zip Code Number of Closings , Zip Code Number of Closings Weekly Situation & Pipeline Report Zip Code Number of Closings

26 Zip Code Number of Closings Zip Code Number of Closings ,053 Weekly Situation & Pipeline Report 25

27 APPENDIX D 26

28 APPENDIX E Weekly Situation & Pipeline Report 27

29 GLOSSARY Table 1 Terms: Total Applications Received Represents the cumulative number of all applications entered in the system. This number includes applications that are incomplete, test submissions and multiple submissions. Total Ineligible Represents the total number of all applications who do not meet the basic eligibility requirements for the program. Duplicate Application Represents the total number of all applications identified for being a duplicate application. No First Appointment Represents the total number of all applications who did not complete an appointment by the December 15, 2007 deadline. Ineligible-FEMA Assessment Represents the total number of all applications due to FEMA assessment requirement. Sold Home Ineligible/Not Interested Represents the total number of all applications who did not meet the eligibility requirements of the Sold Home program. Total Eligible Population Equals total applications received minus total ineligible. Represents the population of applicants that are in an eligible program status. Dollar amount represent the cumulative benefits calculated for all eligible applicants. Zero Award Represents the total number of eligible applications under program guidelines but with grant calculation of zero dollars. Application Withdrawn Represents the total number of applications closed at the request of the applicant. Total Benefits Calculated (Eligible Only) Represents the total population and benefits calculated for all eligible applicants that have positive calculations amounts and have not withdrawn their applications. Total Funding Disbursed Represents the cumulative number of applicants that have received Funding from the Road Home program. The dollar amount represents the total funds disbursed to date. Option One Closings Applicants who have received funds under the Option 1 Benefit Selection. Option Two Closings Applicants who have received funds under the Option 2 Benefit Selection. Option Three Closings Applicants who have received funds under the Option 3 Benefit Selection. Sold Home Closings Represents the cumulative number of applicants with funds disbursed where the applicant sold their home prior to August 29, Elevation Only Closings Represents the cumulative number of Option 1 applicants that received elevation funding only. Total Closing with Elevation Dollars Represents the cumulative number of Option 1 applicants that received elevation funding. The dollar amount represents the total elevation dollar elevation dollars disbursed under the program. 28

30 Eligible Applicants Without Funds Represents the total number of eligible applications that have yet to receive an award. Eligibility Documentation Requested Represents applicants who have not provided necessary documentation to support their program eligibility. Unable to Contact Represents the eligible applicants who are no longer responding to program communications. Active Applications Represents the current total workable inventory of the program. Currently Transferred to Title Company Initial Closing Transfer Represents the number of files currently transferred for initial closing to closing agents. Additional Disbursements Transfer Represents the number of files currently transferred for an additional disbursement to the closing agent. Pipeline Diagram Terms (Figures 1 and 2): APPLICATIONS & APPOINTMENTS Total Applications Received Represents the cumulative number of all applications entered in the system. This number includes applications that are incomplete, test submissions and multiple submissions. Total Ineligible Represents the total number of all applications who do not meet the basic eligibility requirements for the program. Total Eligible Population Equals total applications received minus total ineligible. Represents the population of applicants that are in an eligible program status. Dollar amount represent the cumulative benefits calculated for all eligible applicants. Road Home Advisory Services (RHAS) Appointments Held Represents the cumulative number of all Road Home Advisory Services appointments held. CALCULATIONS Total Eligible Population Equals total applications received minus total ineligible. Represents the population of applicants that are in an eligible program status. Dollar amount represent the cumulative benefits calculated for all eligible applicants. CLOSINGS BY OPTION SELECTION Option One Closings Applicants who have received funds under the Option 1 Benefit Selection. Option Two Closings Applicants who have received funds under the Option 2 Benefit Selection. Option Three Closings Applicants who have received funds under the Option 3 Benefit Selection. Sold Home Closings Represents the cumulative number of applicants with funds disbursed where the applicant sold their home prior to August 29,

31 CLOSINGS Currently Transferred to Title Company Initial Closing Transfer Represents the number of files currently transferred for an initial closing to closing agents. Additional Disbursements Transfer Represents the number of files currently transferred for an additional disbursement to the closing agent. Total Funding Disbursed Represents the cumulative number of applicants that have received Funding from the Road Home program. The dollar amount represents the total funds disbursed to date. 30