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The Des Moines Register reports that "Officials with the Iowa Housing Corp. say their nonprofit, tax-exempt corporation is the best way possible to provide low-income housing... Critics of the housing corporation have called it a sweet deal, an unsupervised program, an insiders ball game. They point to how the nonprofit corporation was formed (with $8 million in state funds) at the urging of a state official ... who then became its president, chairman, secretary and general counsel..."
