City looking to spend federal money more efficiently, quickly
Business & Economy, Crime & Safety, Politics, Recovery
June 5th, 2012
The Hoffman Triangle III project aimed to complete nine new homes for first-time homebuyers by the end of last year. But only 5 were completed, according to a city report detailing how federal housing grant funds were spent in 2011.
It seemed like a simple enough question: How much of a $25 million annual federal allocation did Mayor Mitch Landrieu’s administration spend last year to help struggling residents and address blight?
The precise figure is a hard to cipher, city officials said. On the one hand, the city…

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