Reply to DC Spending $6M in tax credits on a community hospital...in Los Angeles.

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[quote=Anonymous][quote=Anonymous]This is such a DC story. DC is so consumed with nonsense that it cannot even ensure that the money it is spending is spent in DC.

D.C. is allocating $6 million in tax credits to a community hospital. The only problem is, that hospital is located in a different community, more than 2,600 miles away, in south central Los Angeles.

So would I be correct in assuming that there is no list of spending priorities maintained by the city specifically to ensure things like this do not happen?

https://washingtoncitypaper.com/article/504177/6-million-to-la/

Instead of rushing to find something to spend money on, you simply move to the next approved priority.

[quote]The D.C. Housing Authority Board of Commissioners voted in an emergency meeting last Friday to send $6 million in new market tax credits across the country. The funds must be allocated by the end of the calendar year, or else the District risks losing out on future tax credits from the federal program in the future. D.C. Housing Enterprises, a nonprofit subsidiary of the housing authority, administers the tax credits and has given out $122 million worth since 2009. The housing authority board voted to approve sending the credits to L.A., rather than using them on a local project.[/quote][/quote]

And if you tried to shrink their budget, they'll cry that they don't have enough funding. And also, the person who is trying to shrink their budget is racist, sexist, homophobic, xenophobic, vile, and evil - comparable to Hitler. [/quote]

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