Fed subsidy of Iowa housing.

On 10/9/2012, The Des Moines Register reported that the Des Moines City Council granted $3 million in federal economic relief funding for 134 new apartments in downtown’s Des Moines Building.  The Register reported earlier that the funding comes by way of the Iowa Economic Development Authority and is intended to provide economic relief for the 85 counties that flooded in 2008.  I don’t  believe there was any flooding of the Des Moines Building in 2008.  The federal government has no proper business subsidizing housing in Des Moines, Iowa.  This is a perfect example of the kind of federal spending that must be ended.

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