Monday, August 2, 2021

In Last Two Years Home Forward Federal Expenditures Went Up $71 Million/79% to $160 Million in CY 2020.

Using single audit reports from Home Forward, available HERE, I created the table pasted below showing the increase in federal spending by Home Forward for the CY's 2018-2020.  Note that these are expenditures and not allocations. 

Spending of total federal funds went up from $89M to $169M. That's a (rounded) increase of $71M/79%.

Spending of federal HUD funds went up from $89M to $143M. That's a (rounded) increase of $55M/61%.

With Relief Act funding in 2021 it seems likely that Home Forward federal spending will increase further in CY 2021. 

Originally created and posted on the Oregon Housing Blog.  

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