Investigation Uncovers String of HUD Failures

U.S. Department of Housing and Urban Development has supported roughly 700 affordable housing projects around the country that have never been completed, some stalling out for over a decade.

A Washington Post investigation reveals that over $400 million has been handed to developers to create affordable housing with no payoff, and with little HUD oversight to track the failures

Debbie Cenziper and Jonathan Mummolo at the Post write:

"The yearlong investigation uncovered a dysfunctional system that delivers billions of dollars to local housing agencies with few rules, safeguards or even a reliable way to track projects. The lapses have led to widespread misspending and delays in a two-decade-old program meant to deliver decent housing to the working poor."

The Post also features a slideshow of failed developments around the country.

Full Story: A trail of stalled or abandoned HUD projects

Comments

Build Your Own Paper Block City

Urban Fold is an all-inclusive kit that allows anyone to build the city of their dreams with a few simple folds.
$24.95
building block set

NEW! Build the world you want to see

Irresistible block set for adults when placed on a coffee table or desk, and great fun for kids.
$25
AICP CTP Storefont Display

The first online AICP* CTP exam prep class

Are you ready to take the AICP* Certified Transportation Planner exam?
Priced at $245 for May exam!
Red necktie with map of Boston

Tie one on to celebrate your city!

Choose from over 20 styles imprinted with detailed city or transit maps.
$44.95