2006 NS Contract - Contract Conducting Analysis of Impediments Fair Housing Choice Donald B Eager & Assoc

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City of Cuyahoga Falls, Ohio 43 A � Anal sis of Im ediments to Fair Housin Choice percent of conventional home purchase applications were from those earning 80% of less of median household income ($33,810). Of those applications submitted by low- moderate income applicants 76% were originated and 9.5% were denied. Twelve percent of conventional home purchase application recorded applicant income as not available. Overall it would seem that lenders in Cuyahoga Falls and those from other areas do a good job in receiving applications from low- moderate income borrowers and in originating those applications. In terms of origination those earning 120% or more of median income have the highest origination rates (84.3 %) as would be expected. Middle income applicants (80% to 100% of median income also showed strong originations (79 %). 7.7 Lending By Race It would be expected that lenders, both local and otherwise, would receive applications from minorities that was representative of their population in the community. In the City 95.8% of the population is White, 1.9% is Black and other minorities are 1.9 %. As would be expected Whites had by far the greatest percentage of applications in 2002, 76.3 %, Blacks had only 1.1% of the applications and other minorities had 1%. It should be noted that 20% of applications were designated as race not available. (See previous Table 31) Minorities as a group fared poorly, in 2002 combining for only 2.1 % of the applications from Cuyahoga Falls. The point of interest is the percent of applications where race was not available. This means that those taking the applications were unable to report the race of Table 32 - Percent A lications b Race Conventional Home purchase FRace .�..�_�.. 2002 White 76.3% Black _ �_._............__ �.__�� Asian �._..._......_.... 0.6% Native American 0.3% Hispanic ? 0.1% Not Available E 20.0%