Corrected Super Sunday Post: $2.3 Billion+ in State of Oregon Housing Tax Expenditures, Home Ownership AND Rental , 2011-2013.

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(Corrected chart and attachment to remove double counted Mobile Park Closure tax expenditure included in rental total) 
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I have prepared the attached table and pie graph HERE (legal size to fit all the data) that shows a breakout of ALL State of Oregon housing related tax expenditures, including both home ownership and rental housing. Table includes a $$ and % comparison of the cost during the current 2009-11 biennium and the upcoming 2011-13 biennium. 

Some observations: 

1. Total 11-13 housing tax expenditures of $2.362 Billion are expected to increase by $362 million (18%)  in the coming biennium.
2. In earlier posts I noted that total Oregon General Fund support for OHCS, for both home ownership and rental housing, was $9.5 million [with a M] in the coming biennium), a decrease of $788,000+ (7.6%).
3. Home ownership tax expenditures will exceed $2.2 Billion in the coming biennium, an INCREASE of $357 million (19%) from the last biennium. 
4. Home ownership will account for 95% of the total of  State of Oregon housing related tax expenditures in 2011-2013.
5. Rental tax expenditures account for 5% of total housing related tax expenditures, and are projected to reach $114.5 million, an INCREASE of $4.6 million (4%)  in the coming biennium. 
6. Housing related tax expenditures that were less than $100k or that had no values are not included in the table.

Early in the week I will ALSO be posting an Excel workbook with ALL 378 State of Oregon tax expenditures, showing the estimated costs for the current and upcoming biennium included.  (Post will include filters and a pivot table, so you can make comparisons in a variety of ways).

Originally created and posted on the Oregon Housing Blog.