Katrina Housing Grant Looted: from the Poor to the Rich
René | June 2, 2008 at 12:53 pmby
458 views | 2 Recommendations | 4 comments
Am I the only one who can see that the figures just don't add up?
Why do they need $600 million to fix $50 million worth of damage?
Besides the total unethicalness in the first place.
Last week, Housing and Urban Development Secretary Alphonso Jackson approved a plan that will divert $600 million in congressional funds specifically earmarked for Hurricane Katrina-related low-income housing relief along the Mississippi Gulf Coast. Where’s the loot going? To expand the port at Gulfport, Miss., which state officials say suffered $50 million in damage during the Category 4 storm. An uncivilized move when you consider that according to most estimates more than 30,000 people in the region are still living in FEMA trailers and mobile homes. The Rockefeller Institute of Government, during its study of the Gulf Coast region, found that, “By far, the one issue that dominates the recovery effort is housing -- that is, the lack of it. In all of the hard-hit areas -- even those where economies seem to be mending -- the problem of affordable housing continues.”