Sunday, August 9, 2009

New Excel Database Tracks ALL HUD Grant Spending in FY 2009: $37.8 Billion in U.S., $281 Million in Oregon.

When I completed the Recovery Act HUD LOCAL grant database last week HERE it occurred to me that I MIGHT be able to construct a database of ALL HUD grant spending, NOT just HUD Recovery Act spending.

I am pleased to say I was able to do so and have put together a LOCAL Excel database HERE of 99,000+ HUD grant transactions covering ALL HUD FY 2009 spending ("obligations") through June 30, 2009, the first 9 months of the federal fiscal year. [For this purpose I consider "spending" to be an obligation of funds from HUD for a specific grantee--while possible, it likely does NOT mean that the money HAS been spent, but has been reserved for a specific grantee. Note that sub grantee data OR actual expenditure data is NOT available in the currently available public database].

To my knowledge, this is the FIRST and the only public database with this level of HUD LOCAL grant spending detail for FY 2009.

(NOTES: 1. Instructions in the Excel READ ME worksheet in the database show an easy way to isolate and analyze only the 27,000 Recovery Act transactions 2.
File is 51 MB's in size, so only download if you have a broadband connection. File is in Excel 2007 file format. To download, RIGHT click Excel file link and select folder or desktop on your PC. [Be patient, file may take 5-20 minutes to download--time may vary if others are downloading at same time ]. 3. ALSO, some users report when they save Excel 2007 files they end up with a compressed .zip file extension. After you have right clicked file link to save file to your pc AND it has completely download, find the downloaded file, and if necessary, change the .zip extension to Excel 2007 extension (.xlsx), and THEN open the file with Excel].

Some quick stats from the database, as of June 30,2009:
  1. ALL HUD grant obligations total $37.8 Billion vs $8.5 Billion for the Recovery Act.
  2. Therefore, HUD Recovery Act grant obligations are 23%of total HUD grant obligations. Puerto Rico has the highest Recovery Act Grant % (vs total HUD spending) at 40%, while Louisiana has the lowest state rate at 6%. (Oregon's rate of Recovery Act spending to Total HUD spending is 18%). [Worksheet 5 in the workbook has an ALL state summary showing these dollars and percentages].
  3. Housing Choice Vouchers and Special Section 8 project based Recovery Act allocations account for $20.9 Billion (55%) of the total of ALL FY 2009 HUD grant obligations to date.
  4. Oregon PHA's have spent $171 Million in voucher related grants from HUD so far in FY 2009--that's 60% of the $284 million FY 2009 total of HUD grant obligations in Oregon . (See Pivot Table in Worksheet 6).
  5. Note that database does NOT include ANY $ for the 15,000+ FHA SF loans made so far in Oregon in FY 2009. Those FHA loans would add $2 Billion+ to HUD spending in Oregon so far this fiscal year; by the end of the fiscal year FHA spending in Oregon could approach $3 billion.("FHA spending" is somewhat of a misnomer as funding originates and is spent by the private sector, with FHA acting only as a loan guarantor.
The workbook includes these 8 worksheets:

READ ME:
1. Oregon Pivot (default view shows $284 Million in HUD grant funding by city)
2. Oregon Data (source data for
Worksheet 1)
3. U.S. Pivot (default view is $37.8 Billion in HUD grant funding by state)
4. U.S. Data (source data for Worksheet 3)
5. State Summary (Pasted in values showing ALL HUD Grant Funding by State WITH breakout of Recovery Act Funding and %)
6. PIVOT: Oregon Voucher + (Shows funding by PHA for several voucher related programs--NOTE that entry of PHA names with minor variations result in some PHA's having multiple row entries. You will need to sum those rows to get to some PHA totals)
7. Oregon Voucher + Data (source data for Worksheet 6)


Originally created and posted on the Oregon Housing Blog.

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