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Resource ID: #26341
Subject: Subsidies
Source: WAMU
Affiliation: 
Date: May 20 - May 31

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Description

A WAMU investigation found the D.C. City Council awarded $1.7 billion in real estate subsidies to 133 groups in the past decade — and more than a third of the subsidies went to ten developers that donated the most campaign cash over that time. What's more, less than five percent of the subsidies went to the city's poorest areas with a fourth of the city's population, and developers failed to deliver on pledged public benefits for at least half the projects examined.

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