Tom Cusack

Retired HUD Oregon Field Office Director; Author Oregon Housing Blog (

[Tom Cusack @oregonhousing]

Affordable rents at Oregon's July 1, 2023 full time minimum wage are up $36-$48 per month. The City of Portland has the highest affordable minimum wage rent @ $1,071 using their 40% of income standard. The lowest affordable minimum wage rent, in non urban areas, is $686.

[Tom Cusack @oregonhousing]

Oregon Housing Blog: METRO SHS Funded Workforce: 1,042 Full-Time Equiva... https://t.co/ksQTZwj7Cu

[Tom Cusack @oregonhousing]

😵‍��👀

[Jay Parsons @jayparsons]

Apartment occupancy in Portland OR is at a 14-year low, and rents there dropped 3.1% YoY -- which was deeper than ultra-high-supply markets like Nashville and Charlotte.

While there is some supply, this is an outlier market where the real challenge is tepid demand.

[Tom Cusack @oregonhousing]

https://t.co/IvHKH97xBF

[Tax Foundation @TaxFoundation]

⚡ New SALT deduction cap proposal would increase the budget deficit, create a new cliff in the tax code, and mostly benefit higher earners, all without improving long-run economic growth.

~$9B of the $11.7B in lost revenue would accrue to joint filers earning more than $200k.

[Lincoln Institute of Land Policy @landpolicy]

This database makes it possible to compare local government finances for over 200 large US cities across more than 100 categories of revenues, expenditures, debts, and assets. Check it out: https://t.co/bMgBP8ziwT

[Tom Cusack @oregonhousing]

@cojobrien Sq ft a lot less. Still difficult to see how $1.94 an hour (pg 29) would pay 4 person expenses; overtime likely helped. https://t.co/CNFH81IPWf

[Joanna Ain @JoannaAliseAin]

Have you seen @prosperitynow's #EITCAwarenessDay toolkit? 🤔🤔🤔No? Well, here it is! 🔥🔥🔥
Looking forward to celebrating with you all this Friday, Jan 26! 👏👏👏https://t.co/eQY61sj3qh

[Tom Cusack @oregonhousing]

@wrhollin Simpler version:

[Tom Cusack @oregonhousing]

Bid Deal: METRO acknowledges that it can’t determine if county SHS population A and B
per capita spending hit 75%/25% requirement .

For every $1 dollar spent per capita for population B the counties should have spent $6-$12 per capita for Population A.

My JAN 29 testimony:

https://t.co/0Wj7kbtS4t

[Tom Cusack @oregonhousing]

@wrhollin https://t.co/YT5ha22u8i

[Bipartisan Policy Center @BPC_Bipartisan]

Only 60% of families who receive housing choice vouchers are able to use them to lease units.

Read our blog to understand why. https://t.co/TjPTGFb2CB

[Tom Cusack @oregonhousing]

My internet service finally came back today, a day after my power returned. Xfinity not helping itself w this policy: “According to Xfinity policy, customers cannot receive reimbursement or credit for service outages caused by weather or power outages.”.

[Oregonian Business @OregonianBiz]

Xfinity internet services have been down all week for some Portlanders https://t.co/TAIp9QPDDx

[Ken Coleman @HistoryLivesDet]

SOLD OUT

Wow!

I will present Feb. 4 on the history of Detroit's Black Bottom in a 400-seat space at the @DetroitLibrary. We will have a live stream.

https://t.co/8DPexUi5HM

[Harvard JCHS @Harvard_JCHS]

Higher-income households have increasingly driven rental demand. The number of renter households with incomes of $75,000 or more has risen 43 percent since 2010, to 13.5 million households in 2022.

New #harvardhousingreport Thu, Jan 25.

https://t.co/bxGs54vvxl

[Tax Credit News @taxcreditnews]

HUD recently issued a notice on the changes in methodology used in income limits and asked six questions. To learn more about these questions and how to provide comments, read this Notes from Novogradac blog https://t.co/0BebDW9HG9

[Tom Cusack @oregonhousing]

Prior RLRA estimate $5.88 million for 7 years: https://t.co/otUT6T0VAz

[Tom Cusack @oregonhousing]

Mercy Greenbrae at Marylhurst Commons | Mercy HousingApplication Window Opening. https://t.co/dmS8sSIYVp

[Tom Cusack @oregonhousing]

Project supposed to include 40 METRO SHS funded RLRA vouchers targeted at Population A-disabled homeless. Not sure how that application referral process works.

[Tom Cusack @oregonhousing]

@Oregonian “30% of all housing units in the expansion area to households earning 80% or less of the area median income”. Currently in metro Portland for rentals that’s $2,032 for 2Br, $1,693 for 1Br.

[Tom Cusack @oregonhousing]

OHCS projects about 1,200 units with $290M in first quarter 2024 closings.

[Tom Cusack @oregonhousing]

Meeting materials for todays Oregon private activity Bond committee meeting: https://t.co/3Csg5np5G8