HUD Spending $70 Million to Teach Grant Recipients How to Spend Money They Already Have?

by ~ The Rebel ~ Posted 2012/06/11 19:01:36

Related Topics: Homeless, Funds, Cash, Press, Grant, Companies, Id

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At one federal agency, it takes money to spend money. The U.S. Department of Housing and Urban Development recently announced it is spending $70 million to improve the way its grant recipients spend billions in taxpayer cash.

Most of the $70 million will go to consulting companies that provide “technical assistance” to HUD-funded communities and non-profit organizations. The consultants will help the communities and nonprofits “improve their use of federal funds to revitalize neighborhoods, help the homeless and produce more affordable housing,” a May 15 new release said.

CNSNews.com asked a HUD official, “If I’m reading this correctly, this is a grant to teach people how to spend money they already have?”

“Absolutely,” responded HUD spokesman Brian Sullivan.

He said the $70 million is being spent to “amplify” the already-existing community development block grants handed out by HUD. In fiscal year 2012, those bock grants totalled around $3-billion.

sglmom 2012/06/16 00:18:54

+1
GOOD GRIEF ..
SPENDING for the SAKE of SPENDING?

How about Totally and permanently DEFUNDING HUD at this time ..
and returning all unspent funds back to the TREASURY (and the taxpayers too!)

Then PROSECUTE for this WASTE of OUR Taxpayer Resources!
(yep .. PROSECUTE under RICO Statues as well )

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LADY LIBERTY SILLY WORDSMITH 2012/06/11 20:01:38

+2
The HEAD of HUD Department should be arrested, tried and sentenced to

60 years in prison for DESTRUCTION of TAXPAYERS' FUNDED PROGRAM!!!

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Bali 2012/06/11 19:37:03

+2
that bunch never was too sharp.

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Sport_Geoff 2012/06/11 19:22:38

+2
All they are going to teach them is how to steal money and be sure the theft is hidden so it doesnt blow up in Obama's face when the fraud gets revealed.

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~ The Rebel ~ 2012/06/11 19:02:20 (edited)

+2
Insanity reigns in our government?

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The extra $70-million -- provided through HUD’s Office of Community Planning and Development -- will help communities and non-profits “ensure that scarce federal dollars are targeted to where they are needed most,” HUD Assistant Secretary Mercedes Marquez said in a news release.

http://cnsnews.com/news/artic...

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