Friday, December 13, 2019

2018 Oregon: HUD Vouchers Are 64% of Federal Rental Assistance Costs, 3rd Highest Percentage in the Country.

CBPP has published updated estimates of rental assistance units and 2018 costs for all states HERE; their Oregon profile can be found HERE

I took some supplemental information provided by CBPP and created a 4 page PDF table HERE and embedded below that breaks out rental assistance costs by program and then shows the share of total rental costs by program. 

Observations:
  1. HUD and RD spent $426.7 million on rental assistance in Oregon.
  2. HUD spending on Oregon vouchers was $275 million, 64% of all rental assistance. 
  3. That 64% voucher share of total federal rental assistance spending in Oregon was the third highest in the country, following only California and Nevada (67%). In contrast, the national percentage of voucher spending to total federal rental housing assistance spending was 50%. 
  4. Oregon's 15% share of spending for project based rental assistance was substantially below the national average of 25%, as was Oregon's 7% share of public housing spending vs the national average of 15%. 
  5. Bottom line: Any change in voucher spending will impact Oregon much more than other states.


Originally created and posted on the Oregon Housing Blog.

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