Attorney General to Use Bank Settlement Cash to House Homeless

[hrmjustin]

Will Bredderman

Attorney General Eric Schneiderman announced his office would use $1.2 million in money from its myriad settlements with large financial institutions to stem the city’s ballooning homelessness crisis.

The joint venture with the anti-poverty Robin Hood Foundation and affordable housing developer Enterprise Community Partners, called “Come Home NYC,” would help connect 300 of the 60,000 families using the city’s shelter system each night with permanent below-market rate apartments. Mr. Schneiderman has blamed large lenders for creating the 2008 financial crisis, and wrung some $60 billion in settlement money from them—and used the cash to fund a slew of counseling and relief programs.



Read more at http://observer.com/2015/05/attorney-general-to-use-bank-settlement-cash-to-house-homeless/#ixzz3abmgAASf

[randys1]

1. SIXTY THOUSAND FAMILIES?

60,000 FAMILIES?

JESUS h CHRIST

[hrmjustin]

2. Appalling!