Table below is derived from page 71 in testimony and shows use of homebuyer tax credit in Oregon, Idaho, and Washington.
(14,000+ Oregon families claimed $101 million; per capita Idaho claims were about 50% higher than in Oregon).
| State | Oregon | Idaho | Washington |
| Rank | 43 | 8 | 37 |
| Number of filers claiming FTHBC | 14,248 | 8,525 | 26,604 |
| Population | 3,790,060 | 1,523,816 | 6,549,224 |
| Claims per capita | 0.38% | 0.56% | 0.41% |
| Total dollars claimed | $101,012,536 | $61,971,426 | $189,408,939 |
| Dollars per capita | $27 | $41 | $29 |
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WSJ story about testimony at today's House Ways and Means subcommittee hearing on the administration of the first time home buyer tax credit program is HERE.
... the Treasury Department said that at least 19,000 filers who hadn't yet bought homes claimed $139 million in tax credits. Treasury officials said they have found another 74,000 tax-credit claims, worth $500 million, where evidence of prior homeownership could make their claims invalid.I have consolidated all testimony into a single PDF file HERE. It includes proposed draft legislation from Rep. Lewis that attempts to correct the problems with the administration of the program.
C-SPAN Video of the entire one and a half hour hearing is available HERE
Originally created and posted on the Oregon Housing Blog.
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