Special Inspector General TARP Report Out: For Hardest Hit Spending, Oregon Does Very Well Relative to National Averages.

Report is HERE.

I have prepared two tables HERE using report data. 

The first table shows as of September 30, 2011 the amount of funds drawn compared to the amount available ("obligated") to each state. As title to table indicates, Oregon Ranks #1 in % of Obligated Funds Drawn Down, 3 Times National Average.

The second table shows the number of borrowers receiving assistance as of June 30, 2011 and the amount of the assistance provided as of that date. As title indicates, Oregon Accounted for Nearly 1 in 7 Borrowers Receiving Assistance Nationally AND Oregon Has Spent 1.1% of Its Funding Available to Assist Borrowers, Nearly Double National Average.

Originally created and posted on the Oregon Housing Blog.