## FAQ

### 1. What is the total volume of outstanding AD&C loans in the third quarter of 2024?
The total volume of outstanding AD&C loans in the third quarter of 2024 was $490.7 billion.

### 2. How has the volume of 1-4 family residential construction and land development loans changed from the previous year?
The volume of 1-4 family residential construction and land development loans totaled $90.8 billion in the third quarter, down 8.4% from one year ago.

### 3. What percentage of the outstanding stock of 1-4 family residential AD&C loans are past due or in nonaccrual status?
Past due and nonaccrual loans made up 1.2% of the outstanding stock of 1-4 family residential AD&C loans ($90.8 billion) in the third quarter.

## Conclusion

The FDIC-insured institutions saw a decrease in the total volume of outstanding acquisition, development, and construction loans during the third quarter of 2024. Despite higher interest rates and economic uncertainty, future AD&C lending conditions are expected to improve as the Federal Reserve continues its easing cycle. The data also showed a rise in past due and nonaccrual residential AD&C loans, highlighting the challenges within the sector. Going forward, alternative sources of financing and equity partners will continue to play a significant role in supplementing the capital market for real estate development projects.