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Resource ID: #19882
Subject: Housing
Source: WFTS-TV (Clearwater, Fla.)
Affiliation: 
Date: July 25

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Description

An investigation by WFTS-TV revealed that "Tampa's elected city officials (gave) a notorious New York City slumlord, Stephen Green, an unprecedented mortgage deal that allows him 100 years to pay off a $725,000 loan. The loan is part of a rental rehabilitation program to providehousnig for Tampa's poor. Tampa's housing department has made more than 100 of these loans but none of them have had the terms given to Stephen Green. The cronyism created a huge public outcry which in turn made city officials declare the loan was a gift to Green and never meant to be paid back; however, (WFTS-TV found) proof to the contrary."

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