The Report Montana Legislature Financial Audit _part4

Tất cả các trái phiếu này được mua lại ngang hoặc 100% giá trị hợp của họ ngày cứu chuộc. Unamortized giảm giá và chi phí phát hành liên quan đến trái phiếu mua lại tốn phí tại thời điểm mua lại và được báo cáo là sự tổn thất về việc mua lại $ và $ trong năm 2009 và 2008, tương ứng | MONTANA BOARD OF HOUSING A Component Unit of the State of Montana NOTES TO THE FINANCIAL STATEMENTS A 23 June 30 2009 and 2008 NOTE 9. LOSS ON REDEMPTION During the years ended June 30 2009 and 2008 the Board redeemed Single Family mortgage program bonds prior to scheduled maturity as follows Single Family I December 1 June 1 Single Family II December 1 June 1 2009 33 110 000 28 650 000 61 760 000 20 198 015 8 635 000 28 833 015 2008 24 890 000 13 590 000 38 480 000 18 064 219 8 463 677 26 527 896 Multifamily 0 0 Total 90 593 015 65 007 896 All such Bonds were redeemed at par or 100 of their compounded value to date of redemption. Unamortized discounts and cost of issuance associated with the bonds redeemed were expensed at time of redemption and are reported as losses on redemption of 808 475 and 587 125 in 2009 and 2008 respectively. NOTE 10. COMMITMENTS The Board is in the process of reserving and purchasing single family mortgages of approximately 4 115 694 from the issuance of the 2008 Series A bonds and 1 717 755 from the issuance of the 2007 A-2 bonds. The Board has committed to purchase Single Family Mortgages as noted below Human Resource Council Superior Land Trust 780 000 Neighborhood Housing Services MT Home Ownership Network Mortgage Setaside 1 032 218 MT Home Ownership Network Lender Pool 983 916 FNMA Home Ownership 589 052 District XI Human Resource Council Missoula 700 000 Burns Street Commons 1 740 000 Manhattan State Bank Essential Employees 1 600 000 Butte Housing Authority 750 000 GAP Financing Program 692 818 Foreclosure Prevention 45 635 Disabled Affordable Accessible Homeownership 685 383 Lot Refinance 869 252 Habitat for Humanity 31 722 HUD Section 184-Indian Housing 1 806 601 Chippewa Cree 2 000 000 USDA Rural Housing Development 229 744 Down Payment Pool 7 048 979 Total Single Family Commitments 21 585 320 This is trial version A-24 MONTANA BOARD OF HOUSING A Component Unit of the State of Montana NOTES TO THE FINANCIAL .