DC
05/21/2013 09:00 am ET Updated Jul 21, 2013

Million-Dollar Properties, $1 Deals

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The District government has given away more than $200 million of taxpayer-owned land to private developers over the past five years. The city sold or leased these surplus properties at deeply discounted prices. The firms winning these deals are required to build affordable housing and hire local businesses.

A WAMU investigation found that these properties often ended up in the hands of politically connected developers who donated handsomely to local campaigns, and the jobs promised by developers sometimes went to individuals with political ties to city officials.

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