Thursday, January 31, 2008

Digby: Pillaging Every Last Penny

The president must have dropped a page or two of his speech tonight because he didn't mention this at all:
While thousands of Mississippians who lost their homes to Hurricane Katrina remain in FEMA trailers, the federal government on Friday approved a state plan to spend $600 million in grants earmarked for housing on a major expansion of the state-owned port — a project that could eventually include casino and resort facilities.

[...]

The money in question is part of $5.5 billion in HUD Community Development Block Grants (CDBG) that Congress authorized for Mississippi after Hurricane Katrina struck on Aug. 29, 2005. Administered by the Mississippi Development Authority, about $3.4 billion was allocated to replace and repair some of the nearly 170,000 owner-occupied homes destroyed or damaged by the storm. Another $600 million was set aside for programs to replace public housing, help small landlords fix their units and foster construction of new low- and moderate-income housing.

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