Wednesday, February 25, 2009

HUD Recovery Dollars by HUD Region: Nearly $3.4 Billion (25% of Total) Remains to be Awarded.

I did a quick table breaking out HUD formula dollars awarded, organized by HUD region.

Table I prepared HERE shows the formula allocations to date, by HUD region ( it's formatted legal sized, landscape).


At bottom you can see there is $3.395 Billion (25% of total HUD recovery dollars) remaining to be awarded , primarily for Public Housing Capital Grant program, and for the Neighborhood Stabilization Program. My assumption is these will be competitively granted. [Likely HUD will also allocate some of funding to working capital or other uses permitted by the legislation].

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