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HUD money puts 'luxury finishes' on houses while Chicago's hard-hit neighborhoods suffer

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Chicago has spent money fancying up homes in gentrifying areas instead of helping some of the city's worst-off neighborhoods, according to the Chicago Reporter. Chicago began receiving millions in federal money in 2009 after the housing market crisis. Over the past six years, it has pocketed $169 million through the Neighborhood Stabilization Program — of which $140 million has gone to...

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