Waste Day Hud Funds Little Impact
The Department of Housing and Urban Development spent $460 billion funding its 18 largest affordable housing and homelessness programs over a decade, but a new Open the Books review found the spending didn’t help reduce housing prices. For each of the 50 states, Open the Books measured the “affordability gap” — how much the price of an average home grew compared to how much income grew. Idaho had the worst...
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