2024-24753. ALP Express Pilot to Permanent Status

Table 1—Portfolio Trends for 504 Loans Under $500,000

[FY 19 to FY 24]

Fiscal Yr.	Non-ALP Express loans		ALP Express loans		Total 504 loans under $500,000
	No.	% Ch	No.	% Ch	No.	% Ch
2019	2,983				2,983
2020	3,426	15			3,426	15
2021	4,471	31			4,471	31
2022	3,414	−24	162		3,576	−20
2023	1,113	−67	1,060	554	2,173	−39
2024	908	−18	772	−27	1,680	−23
*  Note: ALP Express Loans were made available in June 2022.