In our first round of stories on the HOME program in May, we found that nearly 700 construction and renovation projects funded by the HOME program showed signs of being delayed, either because they were launched more than five years ago or had left federal money untouched for months or even years.
In today's story, we found that the delays are larger than previously reported. Through site visits and calls to local housing agencies, we identified about 75 additional construction projects that drew and spent $40 million in HOME funds with little or nothing to show for the money.
On top of that, we found that newly built homes were actually sitting empty as local housing agencies searched for buyers. We found evidence of this across the country, in cities ranging from Galveston to Denver to New Haven.
Local housing officials blame the economy, saying it's often hard for low-income families to get a mortgage. Some are trying to turn houses built for homeownership into rentals.



