Word: funded
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Dates: during 2000-2009
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...promise housing relief for hundreds of thousands of homeowners like Butler via mortgage-restructuring aid. But for reasons no one in Washington has adequately explained, that part of the bill never really materialized. What foreclosure-ravaged communities got instead were slivers of a $4 billion Neighborhood Stabilization Program (NSP) fund to buy and refurbish already foreclosed homes. The city of Miami Gardens received $6.8 million, enough to acquire about 40 homes, less than 1% of the more than 4,000 units the city has in foreclosure, which amounts to the worst housing crash in hard-hit Florida. Meanwhile, foreclosures nationwide...
...existence at Harvard trying to figure out exactly what it wants to do. The UC’s constitution was adopted in 1982, following a proposal by a student-faculty commission chaired by Professor John E. Dowling ’57 for an advisory student government. It would be funded by a universal $10 termbill charge. During its first year, the UC began disbursing funds to student groups, while trying to define its larger mission: whether to advocate for political issues, or to push for better student life. Some council members concentrated on initiatives like the Endowment for Divestiture...
While PPPs are by no means a panacea—not every infrastructure project is suited for collaboration between the private and public sectors and there are other proposed solutions, like increased tolling, congestion pricing, encouraging reduction of demand, or a national infrastructure fund to be bankrolled by ending the Iraq War (the favored plan of Obama)—it has already proven to be a useful option in solving a giant problem that receives an absurdly low degree of attention commensurate with how many people are affected every day. Although both presidential nominees made reference to the infrastructure...
...they have presided over the largest expansion of U.S. government since the Johnson Administration, the GOP has apparently reached its line in the sand when it comes to economic bailouts. Senate majority leader Harry Reid introduced legislation on Monday that asked for $25 billion of the $700 billion bailout fund Congress approved in September to be redirected for use by General Motors, Ford and Chrysler in the hopes of helping the faltering industry avoid going under. Republicans immediately balked at the idea...
...been a fact of life here since the colonial period, and up to this very day with the International Monetary Fund, World Bank, and influx of non-governmental organizations. In a Foucauldian sense, all these institutions assert incredible power by defining what is better for Tanzania through the idea of development. But in many ways these organizations are selling a pipe dream to Tanzanians. Development, whatever that means, isn’t happening in my home-stay village, no matter how much Western education is emphasized...