Stimulus slush fund for the housing entitlement mob

Though ACORN could get up to $5 BILLION, they are not alone in pigging out from this Democrat horn of plenty. "If not ACORN, then who? Next in line for the stimulus windfall is the Massachusetts-based Neighborhood Assistance Corporation of America (NACA). Founder Bruce Marks proudly calls himself a “bank terrorist.” As I reported last spring, Marks threatened to march into the neighborhoods of bank executives and bully their children. He’s done it for years, all under the guise of “social justice” and “neighborhood stabilization.” Marks’ agenda is blatantly political and personally lucrative. NACA — with dozens of offices across the country — has a no-down-payment, no-closing-costs, low-interest-rate policy for low-income minority borrowers — and takes a hefty fee for each transaction. NACA loan applicants are then required to attend workshops getting indoctrinated in the group’s protest thuggery.(See Howard Husock’s invaluable 2000 City Journal piece here.)" - Michelle Malkin