According to a special investigation by The Washington Post, the U.S. Department of Housing and Urban Development has wasted millions of dollars on unfinished projects:
The Post set out to identify and visually inspect as many final-draw projects as it could, engaging more than 50 student journalists and others to visit construction sites in 100 cities and 30 states, from Manatee County, Fla., to Quincy, Mass. The Post also contacted more than 100 local housing agencies that oversaw the deals.
Overall, The Post found about 75 projects that have produced few or no homes. In some cases, the projects were terminated but it is unclear whether the local housing agency repaid the HUD money as required.
Amanda Seitz, an SFPA fellow during the summer of 2011, contributed to The Post’s investigation.
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