HUFFINGTON POST
01/27/2011 03:06 pm ET | Updated May 25, 2011

HUD-Funded Housing Projects Wasted Money on Belly Dancers, Sex Offenders and Dead Residents

Even by Washington standards, $26 billion is a lot of money.

That's the amount spent by taxpayers annually to provide housing for needy Americans. But there's significant evidence that some of the monies have been poorly spent for years.

A joint investigation by ABC News and the Center for Public Integrity found that the Department of Housing and Urban Development has struggled to combat theft, corruption, and mismanagement in the more than 3,000 public housing agencies nationwide it funds, and particularly inside the 172 that HUD considers the most troubled.

Read more on The Center for Public Integrity