Portland Metro FY 2012 Proposed FMR Reduction Impact: $2.6 Million.

I used same methodology used for my earlier Chicago estimate of FMR reductions and produced the table below for the 6 county Portland metro area. Using estimated voucher counts shown in the table, impact would be a loss of $2.6 million annually from the proposed reduction of the 2 BR FMR for FY 2012. (This does not include any loss of admin fee that would result from a reduction in the 2 BR FMR).

Originally created and posted on the Oregon Housing Blog.