Forget Fannie and Freddie. HUD has its own housing crisis
Everyone knows about the crisis facing homeowners. But what about those who can’t afford a home?
Colorado is excepted to scoop up nearly $61 million in federal stimulus funds to build and renovate public housing, weatherize public and low-income housing, and provide Section 8 and energy assistance vouchers to poor families. But is it too little too late?
The American News Project and The Washington Independent’s Mary Kane take a look at the untold housing crisis of low-income renters dependent on the U.S. Department of Housing and Urban Development, an agency crippled by years of neglect.