Friday, September 16, 2011

Monthly TARP Report Has No Data on Households Helped by Hardest Hit Programs, Only 7.1% of Available Funds Have Been Drawn Down by HFA's.

Hardest Hit Fund information is provided on page 15 of Treasury report HERE.

Unlike other TARP housing programs, no consolidated count of households helped is provided, likely because only $541 million [7.1%] of the $7.2 Billion allocated to the Hardest Hit program have been drawn down and at least some of that is likely overhead costs.

Originally created and posted on the Oregon Housing Blog.

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