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Resource ID: #17341
A Boston Globe series investigates the financial and political maneuvers behind the construction of a large waterfront development in South Boston. The investigation focuses on a "little-noticed agreement that an unprecedented amount of the financial benefits from the development would go to a trust set up by three powerful politicians..." The reporters reveal that "under this agreement as much as $ 65 million would flow into the trust's coffers from the private developers..." The series shows that "it was inherently unfair - and illegal - to limit the benefits of the development to one neighborhood" and exposes the elected officials' reluctance to follow "federal Fair Housing guidelines mandating that affordable housing be available to all applicants, regardless of race." The investigation also covers a lawsuit against the city government, which has stopped the controversial deal.