Good morning! It’s Wednesday news day …
A pattern of HUD projects stalled or abandoned — Many have likely read this already (check out the 1300+ comments), but just in case: the Post recently released the results of an investigation into over 5,1000 housing construction projects across the country, 700 of which have “have languished for a decade or longer even as much of the country struggles with record-high foreclosures and a dramatic loss of affordable housing.” And at a time when demand far outpaces supply, “early one in seven projects shows signs of significant delay.” What is your take? (Do check out the reaction on DCentric too)