The National Housing Council's Open House Blog reports on the House Financial Services Committee hearing today in which HUD staff testified about the HOME program and Washington Post's article on the "stalled and delayed" projects.
Interestingly, HUD notes that they only identified 108 projects delayed, rather than the 700 the Washington Post claimed. Futhermore, they noted that Washington Post has refused to share data on which of the 28,000 developments they believe make up the 700 stalled developments.
While the media has a proper role as watchdog, the media has to be willing to back up their allegations, particularly ones as splashy as this.
Friday, June 3, 2011
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