The Chicago Housing Authority Keeps Giving Up Valuable Land While HUD Rubber-Stamps the Deals – ProPublica

"With HUD’s consent, the CHA has essentially become a land piggy bank for other government agencies and the private sector...HUD ultimately approved more than a dozen land transactions while applying little pressure on the CHA to measure the benefits for residents or produce more affordable housing. In several cases, the agency agreed to accept far less than a property’s market value."
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nixit
3 years ago

Chicago simply does not want to be in the business of affordable housing. They want the private sector to magically absorb all the cost.

Ataraxis
3 years ago

Imagine what the IRS would find if the highest paid 50 people in each city entity were audited.

Old Joe
3 years ago
Reply to  Ataraxis

Well when Obozo was their boss they spent alot of time auditing Tea Party members

Pat S.
3 years ago
Reply to  Old Joe

With 87,000 more IRS agents they’ll have to time harass more tax-paying citizens. Thank you, Joe Biden.

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