"There may be crime in the projects after all - even if the residents are gone. Consider the following examples:
"HUD Secretary Alphonso Jackson has his own reasons for pressing ahead with the demolitions. HUD has approved plans to turn over scores of acres of prime public land to private developers for 99-year leases and give hundreds of millions of dollars in direct grants, tax credit subsidies and long-term contracts. One of the developers described it as the biggest tax-credit giveaway in years.
"Investigative reporter Edward T. Pound, of the National Journal, has uncovered many questionable and several potentially criminal actions by HUD in New Orleans. Pound reported HUD Secretary Jackson worked with, and is owed over $250,000 from, an Atlanta-based company, Columbia Residential. Columbia Residential was part of a team that was awarded a $127 million contract by HUD to develop the St. Bernard housing development. Columbia was also awarded other earlier contracts for as yet undisclosed amounts under still undisclosed circumstances.
"Pound also discovered a golfing buddy and social friend of Secretary Jackson was given a no-bid $175 an hour "emergency" contract with HUD within months of Katrina. The buddy, William Hairston, was ultimately paid more than $485,000 for working at the Housing Authority of New Orleans over an 18-month period.
"A review of the dozens of no-bid contracts approved by HUD in New Orleans shows millions going to politically connected consultants, law firms, architects and insurance brokers.
Read the whole article at
http://www.truthout.org/docs_2006/120307A.shtml



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Posted February 12, 2008 | 11:28 AM (EST)