HUD pays millions to open Lafitte, but complex will be demolished in March
by Katy Reckdahl, The Times-Picayune
Tuesday August 26, 2008, 10:11 PM
For the $2.7 million it paid to renovate 94 temporary units in the Lafitte public housing complex -- the same units slated for demolition in March -- the federal Department of Housing and Urban Development could have put up residents at New Orleans' finer hotels.
Because the units will be open for only seven months, the agency will pay a whopping $4,103 per unit per month -- more than $130 a night -- to put people into subsidized housing that they will be moved back out of less than a year later.
I guess this is really more like putting the poor on layaway. I'm unclear as to what the plan is for these residents once they are moved back out.
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