NSP1 Oregon August Report Shows Continued Spending, NO Increase Reported in Units or Households Served.

I previously posted HERE about NSP 1 spending and goal achievement as of the end of July.  In that post I said that the JULY report showed:

• 92% of funding had been "committed" and 43% had been "expended"
• 18% of the 471 unit goal had been achieved and only 22% of the 267 household beneficiary goal had been accomplished.
  

The end of August report is now out HERE, and it shows that:

• Funding "committed" had increased to 98.9%, while "expenditures" increased to 58.2%.
• There was NO reported increase in the unit or beneficiary served goal achievement.

I suspect this may be a reporting problem, with attention focused on getting money spent before upcoming deadlines.

Originally created and posted on the Oregon Housing Blog.