Tax dollars at work | Arkansas Blog

Sunday, May 25, 2008

Tax dollars at work

Posted By on Sun, May 25, 2008 at 12:11 PM

The Pine Bluff Commercial has a fine expose this morning. The city has poured $500,000 the last 10 years into an agency expected to build low-income housing. A grand total of six houses have been built. They came in over budget. Three of them were sold to people who didn't qualify for subsidized housing. The newspaper was unable to reach the couple that has been operating the program. Their own 7,200-square-foot home appears to be vacant at the moment. It would take some time to answer all the questions raised in the article, including more about financial anomalies and self-dealing by the program director -- purchase of property from his mother and rental and sale of a house, at a discount, to a daughter. 

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