Wednesday, January 6, 2016

January 6, 1972 -- Losing Millions over Public Housing


January 6, 1972 -- George Vavoulis, the regional commissioner for the Federal Department of Housing and Urban Development, tells Mayor Richard Daley that Chicago will lose $20 million in federal urban renewal funds because of the city's failure to provide more low-income-housing. This sum came on top of $26 million that had been frozen three months earlier because the City Council had failed to approve enough public housing sites in white neighborhoods.

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