The Congressional House Financial Services Committee is holding a hearing this morning on the HOME program, recently the focus of a Washington Post article previously discussed here at Texas Housers. The prepared testimony of HUD Asst. Sec. Márquez and OIG Asst. IG Heist is embeded after the jump. Additional recent coverage of this issue includes: […]
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Thoughts on the Washington Post Investigation of the HOME Program
5/20 update: HUD has posted a more detailed response to the WP article that includes an re-analysis of the entire data set. That response is available here: “Setting the Record Straight: What the Washington Post Got Wrong About the HOME Program” The Washington Post article last weekend that discussed the Beaumont HOME development failure is […]
Read moreWashington Post Focuses on Beaumont Housing Failure
Saturday’s Washington Post ran a story on a failed HOME development in Beaumont: BEAUMONT, Tex. — At the dusty intersection of Texas and Elm streets, two partially completed houses sit empty on an unkempt corner lot across from 86-year-old Gardine Grogan’s dilapidated home. Three years ago, a local developer walked off the job without finishing […]
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June 3, 2011 