Friday, November 18, 2011

Where's the Other $625 Million in Section 202 Funding?

I must be missing something. 

My understanding is that HUD combined FY 2010 and FY 2011 Section 202 funding into a single NOFA.  

Comparing the $1.224 M FY 2010 and FY 2011 funding data from the NLIHC funding chart HERE with the $599 M subtotal shown in HUD's press advisory for Section 202 HERE, it appears there's a gap of nearly $625 million between funding available and funding awarded in the recent announcement. 

Help me , what AM I missing? Where IS the other $625 million?

Originally created and posted on the Oregon Housing Blog.

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