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Do “Low Income Housing Tax Credits” (LIHTC) Maintain Segregation?

Composed by Smith Young “:)”  Following are two opposing views on the insidious effect of subsidies and non-market based policies, first is the biased reporting from 1) Report on the Distribution of Low Income Housing Tax Credits in the New York City Region, and 2) unbiased empirical analysis by NYU’s Furman Center for Real Estate and Continue Reading

Happening Now, Baltimore County Surrenders and HUD Takes Over in Affluent Baltimore Suburbs

Baltimore may have won the War of 1812 against the British but loses in HUD’s war against the suburbs. Edited by Smith Young “:)”   Without fighting to win in court Baltimore County has allowed the Department of Housing and Urban Development and its henchman the NAACP to follow through with a punishing indictment on the Continue Reading

Dubuque Paper Slams HUD, Says NR Is Right

National Review Dubuque Paper Slams HUD, Says NR Is Right by STANLEY KURTZ January 18, 2016 Last week, when I published a sharp critique of the Obama administration’s outrageous takeover of Dubuque’s housing system, Dubuque city officials and a spokesman for HUD took me severely to task. I am pleased to report today that the Continue Reading

Dubuque Telegraph Herald: National Review right about HUD

Our opinion: National Review right about HUD where we stand Though Stanley Kurtz’s article has inaccuracies about Dubuque, it’s right about the overreach of HUD. BY THE TH MEDIA EDITORIAL BOARD Sunday February 17, 2016 Stanley Kurtz’s depiction of Dubuque in an article last week in the National Review isn’t flattering. “Dubuque is … a Continue Reading

How Obama’s HUD Hustles Dubuque, IA, and other Virgin Communities

What state is Dubuque in? If you answered Chicago, you are correct. Chicago’s no state, you say? Don’t be so 18th century — so “constitutional.” Dubuque is in Chicago, which is now a kind of state. Or to put it differently, the Obama administration is in the process of replacing our entire system of government Continue Reading

Thanks to Federal Assistance, Low-Income Americans Live in Luxury Apartments in Chicago

Obama with smirking Julian Castro, HUD Secretary         THEDAILYSIGNAL, Sep 8, 2015 By Vanessa Calder, (click here for article) The U.S. inspector general estimates that 25,226 households occupying public housing units exceed the Housing and Urban Development Department (HUD)’s 2014 eligibility income limits. In New York City, one household was making an Continue Reading