Common Cause New York Factsheet: Liberty Bonds Free Up Funds for Campaign Contributors

December 1, 2005

This Common Cause New York factsheet begins, 'Disregarding the severe affordable housing crisis in New York City, the state government awarded $340 million in federal funds designated for downtown redevelopment to luxury apartment developers in 2002. Despite the public outcry over this decision, the state chose to award an additional $138 million to one of these developers for a second project in early 2004.'

READ: NY_120105_Factsheet_liberty_bonds.pdf

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