First it was the banks. Then it was the car companies. Now Barney Frank, after lossening the requirements for mortgages which has led to the sub prime mortgage melt down and ensuing real estate market stall out, wants to bail out developers of affordable housing.
Click here for the entire story in the Boston Globe. That right 10 Billion, not million. Do you think any of these 31 stalled projects in Massachusetts are in his neighborhood? Great comments in the Boston Globe story.