March 03, 2008

Developer Welfare

Last week I posted about how Matt Blunt and the State Senate reappointed Bill Luetkenhaus to the Missouri Housing Development Commission (MHDC) without mention of a questionable land deal involving Luetkenhaus and developer Jeff Smith. This land deal drew attention to the standards and rules under which the MHDC operates, however, all of that is apparently forgotten. Despite calls for stricter standards and a review of the conflict rules, the MHDC has done nothing. Of course, this might be because MHDC Chairman Richard Baalmann named Luetkenhaus to lead a committee to rewrite the standards. No, I'm not joking. The guy whose land deal was the reason the MHDC was looking into changing it's standards, Luetkenhaus, is in charge of changing those standards. Not surprisingly, Luetkenhaus' committee has not made any changes.

Anyway, Sunday's Columbia Tribune took a look at how the MHDC helps line the pockets of developers with taxpayer money. Since all of this is being done in the name of affordable housing for senior citizens I guess we are not supposed to question this expenditure. Take a look at the Tribune article and let me know what you think.

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