TABLE 12-Income and expense statement of PHA permanently financed Public Law 412 projects by fiscal years ending in calendar years 1941-48-Continued

TABLE 12.-Income and expense statement of PHA permanently financed Public Law 412 projects by fiscal years ending in calendar years 1941-48-Continued

Number of statutory projects..

Number of developments.

1 Averages per unit per month are adjusted for the varying periods applicable to
different accounts in respect to projects in their first fiscal year.

2 Excludes Ohio-2-1 (618 units) included in data for this group prior to third fiscal
year.

3 Includes GA-6-3A (179 units) for which income and expense were charged to
development accounts prior to fourth fiscal year.

4 Includes 22 developments (4,850 units) in Puerto Rico for which latest develop-
ment costs average $1,836 per dwelling unit; also includes PR-4-2 (324 units) for which
income and expense were charged to development accounts for first fiscal year.
Less than 11⁄2 cent.

Applies to FLA-5-1, 2, 3 (1,075 units) and IND-3-1 (120 units), which projects
are permitted under contract to apply excess earnings to debt service.