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Posted by MJ on February 25, 2001 at 18:03:45:

In Reply to: HUD rehab 203(k) posted by charest on February 25, 2001 at 17:57:59:

two good recent articles from CityLimits:

http://citylimits.org/archives/0101index.htm

Empty Promises, By Kemba Johnson

More than a year ago, City Limits exposed a federally funded outrage: the milking of Harlem real estate for quick cash (The Harlem Shuffle, September 1999). The scheme has left dozens of shoddy buildings in limbo-and stuck HUD with a disputed $50 million-plus bill.

http://citylimits.org/archives/0102loan.htm

Loan Injustice, By Kemba Johnson

Over a year after uncovering the HUD loan scandal in Harlem, City Limits tells the story behind the recent indictments--and how the government lets mortgage lenders run away with the bank.

http://citylimits.org/archives/9909harlem.htm

• CityLimits: HUD 203k

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Comments:
: two good recent articles from CityLimits:

: http://citylimits.org/archives/0101index.htm

: Empty Promises, By Kemba Johnson 

: More than a year ago, City Limits exposed a federally funded outrage: the milking of Harlem real estate for quick cash (The Harlem Shuffle, September 1999). The scheme has left dozens of shoddy buildings in limbo-and stuck HUD with a disputed $50 million-plus bill. 

: 
: http://citylimits.org/archives/0102loan.htm

: Loan Injustice, By Kemba Johnson 

: Over a year after uncovering the HUD loan scandal in Harlem, City Limits tells the story behind the recent indictments--and how the government lets mortgage lenders run away with the bank. 

: http://citylimits.org/archives/9909harlem.htm


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