Skip to comments.HUD gives Chicago $30.5M for development (Short Article)
Posted on 08/31/2011 11:04:19 AM PDT by illiac
CHICAGO (MarketWatch) -- U.S. Housing and Urban Development (HUD) will award Chicago $30.5 million to redevelop the Woodlawn neighborhood on the city's south side. The grant is part of HUD's Choice Neighborhoods Initiative, a plan to bring affordable housing, safer streets and better schools to distressed neighborhoods. Under the program, Boston, New Orleans, San Francisco, Seattle and Chicago have received a total of $122 million
(Excerpt) Read more at marketwatch.com ...
Down the Rat hole!!
Half a million will actually get into the projects. The other 30 mil is for “Rahm and crew” to recycle back into Obama’s campaign.
Not one damn dime will make it to the folks.
This is just several pallets of funding for BOY ZERO!
The majority of the people who could have made any investment in the neighborhood succeed, and who would still be needed to make any such investment succeed, moved away long ago - as might be best for any remaining productive citizens there to do.
The people of the “dust bowl” did not wait for Federal grants, they moved.
So should good citizens told to remain in urban ghettos until help arrives - just move.
The vigorish on the $30.5M will be about $6M, directly to the Democrat Party.
Community organizers getting thier big pocket pants on and standing in line for OBAMA MONEY!
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