Wednesday, April 7, 2010

Corrected:Treasury Report on Build America Bonds: $90 Billion Nationwide, $2.3 Billion in Wa. State, But Only $22 Million in Oregon.

Correction: A couple of the links from Treasury did not work correctly, but they are now fixed. (Thanks for tip from reader for letting me know)
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Treasury PR is HERE

The full report can be viewed HERE. Report says $90 billion in Build America bonds have been issued, with net present value savings of $12.3 billion compared to savings that regular tax exempt bonds would produce.

The complete list of bond issues organized by state is available in Excel HERE.

This report shows Oregon had only 2 bond issues for $22 Million vs 78 bond issues totalling $2.3 BILLION in Washington state.

In a prior post HERE, I projected that legislation enacted during the special session earlier this year MAY result in a substantial increase in the use of Build America bonds in Oregon.

Originally created and posted on the Oregon Housing Blog.

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