Abstract
America is increasingly becoming a nation of housing haves and have-nots. While the majority of American homeowners are well housed and have significant equity in their homes, the prosperity of these homeowners does not reflect the plight of the nation's growing number of low- and moderate-income households.
[D]uring the tenure of Secretary Pierce HUD was an agency in total disarray and was woefully mismanaged. Housing programs established to benefit the poor were abused. During much of the 1980's, HUD was enveloped by influence peddling, favoritism, abuse, greed, fraud, embezzlement and theft. In many housing problems objective criteria gave way to political preference and cronyism, and favoritism supplanted fairness. "Discretionary" became a buzzword for "giveaway."
Document Type
Article
Publication Date
1991
Recommended Citation
Michael Allan Wolf, HUD and Housing in the 1990s: Crises in Affordability and Accountability, 18 Fordham Urb. L.J. 545 (1991).
