Federal Spending Report — Week of 2026-08-02

Federal Spending Brief: August 2-8, 2026

The federal government obligated $704,000 across 10 awards during the week of August 2-8, 2026, with the Department of Agriculture directing nearly 90 percent of spending toward housing and community development initiatives. Two agencies and five unique contractors received funding, with New Jersey securing the largest single award at $305,000.

Housing-related projects dominated the week's spending. Bellevue Court LIHTC, LLC received a $305,000 direct payment from the Department of Agriculture for a low-income housing tax credit project in New Jersey, representing 43 percent of total weekly obligations. Two additional substantial awards went to residential developers: Majestic Gardens in Oregon secured $149,000, and Main View Apartments in Maine received $90,000, all distributed as direct payments by the Agriculture Department.

The Department of Agriculture led all agencies with $630,000 obligated across nine awards, underscoring its significant role in housing finance and community development. The Department of Health and Human Services accounted for the remaining $75,000, directed to the Icahn School of Medicine at Mount Sinai as a grant for what appears to be research or educational programming in New York.

Bellevue Court LIHTC emerged as the top contractor with a single $305,000 award, followed by Majestic Gardens at $149,000 and Main View Apartments at $90,000. A redacted entity received $86,000 across six separate grant awards, the only contractor to receive multiple disbursements during the period. The Icahn School of Medicine rounded out the top five recipients with its $75,000 grant.

Grant awards outnumbered direct payments seven to three, though direct payments carried significantly higher individual values. Grants totaled $160,000 while direct payments reached $544,000, indicating the Agriculture Department's preference for direct disbursements to housing developers during this period.

Geographically, New Jersey led with $305,000, followed by Oregon's $149,000 and Maine's $117,000 split across two awards. New York and Nebraska each received smaller allocations. The concentration of housing-related spending reflects ongoing federal investment in residential development and tax credit programs, particularly in northeastern and western states.