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post HUD Chief – Bails Out

March 9th, 2008

Filed under: News — Avatar @ 7:47 am

pressure.jpgThe Chief of the US Department of Housing and Urban Development Secretary Alphonso Jackson steps down from his office due to pressure from Congress amidst rumors of an ethics committee investigation. He is to leave office officially on the 28th. of April which is seen by some as a sure sign of the White House’s search for a solution to the current housing market problems that is leaving people out of their homes. He has been accused of ethics violations which involves favoritism in the selection of HUD contractors. One case in particular has his department (when Jackson was still a construction manager during the Katrina Disaster rebuilding period) receiving more than $300,000 along with a friend.

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