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Resource ID: #23232
Subject: Housing
Date: 10/02/2006



The Southeastern Economic Development Corp. had been tasked with "redeveloping one of San Diego's poorest neighborhoods," with the goal of building affordable housing. But people with close ties to this public agency abused the system, selling homes for much higher prices than had been approved in the agency's contract, and also "failed to file the proper deeds on the subsidized homes in the project," allowing the houses to be flipped for a profit.

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