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Romney's Devolving

208
lawhawk3/11/2010 1:16:54 pm PST

re: #128 Charles

HUD? Let’s just say that the problems with HUD go back years and it crosses administrations. The problems that are alleged in Detroit goes again to a moral flexibility to claim tax credits that they are not entitled to under the law by playing around with pricing. It also has to do with the complexity of the homeowner tax credit and calculating the amounts (and IIRC the credit requires working through Form 5405.) Someone giving that kind of information would be putting the homeowner/taxpayer at risk of an audit and of willful evasion of tax - with all the penalties and fees that it implies.

But it’s not like HUD hasn’t been involved in scandals before. Lots of them in fact.

There was price fixing in the Reagan administration involving HUD.

There were problems with Andrew Cuomo at HUD.

There were problems with Bush as President at HUD.

The reason HUD is targeted is because it’s such a rich target - lots of problems in the past, and it deals with tons of money across the nation for a variety of programs including low and affordable housing.

Quite a bit of money that would benefit those communities is lost in the bureaucracy and never gets to the programs that do work - I’ve seen and heard about this first-hand.