Oregon HUD Sequester Projections: 1,700 Fewer Voucher Families, Up to $15 Million Loss in Annual Funding.

CBPP Feb 14, 2013 report with state details for several HUD programs is HERE. 

Using CBPP data I prepared the Excel spreadsheet, HERE and embedded below, showing that Oregon would lose $5.6 million in funding for 5 programs PLUS nearly 1,700 voucher familes. 

I then went a bit further...IF the projected cut in voucher families is annualized at $6,000 per voucher I calculate this would mean an additional annualized loss of $10 million, for a total state loss of $15+ million in HUD funding.


 

Originally created and posted on the Oregon Housing Blog.