Sunday, December 9, 2012

2013-2015 State of Oregon Tax Expenditures: Home Ownership Gets 95% of Housing Related Tax Expenditures.

The new 2013-2015 State of Oregon Tax Expenditure reports are out HERE, showing a breakout of $36 billion in planned tax expenditures, an increase of $3 billion from the last biennium. 

As is the case every other two years I have prepared a summary of housing related tax expenditures and created an Excel workbook HERE and embedded below. It also includes ALL tax expenditures and a pivot table.

  1. State tax expenditures for home ownership are expected to increase by $214.5 million, to $2.087 BILLION.
  2. State tax expenditures for rental housing are expected to remain the same at $119.6 million.
  3. Expenditures for home ownership represent 95% of total housing related tax expenditures for the state of Oregon, with the rental housing share at 5%.

Originally created and posted on the Oregon Housing Blog.

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