I’m not going to cross-post the full text here, but readers of my agenda analysis might want to head over to BlogHOUSTON to read up on the whacky hijinks of Boss Hogg Mayor White’s crew in the Housing and Community Development Department. It doesn’t looke like much has changed since Outta Town Brown was in charge.
An excerpt:
17. Review and possible recommendation of an ordinance authorizing the modification of the existing loan in the amount of $1,013,918.33 to APTDF, Ltd. converting $513,918.33 to a grant and extending the maturity date on the remaining $500,000 loan balance for an additional 30 months.
Emphasis added. Well, if first you forgive over half the loan, and then extend the other half, it’s fair to say the recipient was poor risk. APTDF appears to stand for “Apartments–Deerfield,” a complex probably most famous for having had some entrepreneurial guards back in 2005. But this isn’t the first time their name has surfaced, attached to problems in the HCDD.
So drop by and check out the fun parts…
I do like the Boss Hogg moniker, but “Dopie Opie” is so much more descriptive.