Julian Castro was Secretary of HUD for two years. There was a man named Shaun Donovan who was there for 5 and a half years and was actually the one that implemented the program y’all are talking about. Seriously whenever people bring I know y’all don’t understand how things work.
https://twitter.com/ninaturner/status/1104797676527333376
The DASP (Distressed Asset Stabilization Program) was created by the FHA in 2012. Here’s a decent overview: safeguardproperties.com/fhas-distresse…
What a lot of people don’t realize is that some policies don’t always work exactly as intended and over time they need to be adjusted or modified. Do you know who the Secretary was that implemented changed to the program? JULIAN CASTRO.
hud.gov/sites/document…
hud.gov/sites/document…
God y’all could you make it a little less obvious you’re just mad Julian dared to mildly criticize Bernie?
Listen, I think DASP was not a good program but putting it on Castro shows me you don’t understand how shit works.
Y’all really think one program exacerbated the racial wealth gap?!? ONE PROGRAM? JULIAN IMPLEMENTED THE AFFIRMATIVELY FURTHERING FAIR HOUSING RULE. One of the more consequential fair housing initiatives in recent history
FFS. This is so fucking irritating to me. I’ve worked in affordable housing my entire fucking career. I worked on these programs DURING THE ACTUAL HOUSING CRISIS. I’ve seen it all. It was a mess. yes, programs failed. But a lot of y’all didn’t care until Bernie...that’s fucked up
And yes, I know they don’t care because of Bernie but this makes me so fucking mad because I’m a person who worked my ass off during the housing crisis only to see a bunch of people who didn’t do jack shit act like knew how to fix everything.
I feel like I should say this - during the housing crisis, literally everyone was scrambling to figure out what was going on & what to do. Non-profits, local/state/fed govs, think tanks...literally everyone. It was a nightmare. Things were done hastily. Some worked. A lot didn’t.
The crisis was also exacerbated by the fact that different areas had different needs and federal programs are still programs that have rules and requirements and those requirements can be bureaucratic nightmares. Sometimes they just don’t work the way they were intended.
At the time, a lot of us on the ground were working with state/local/fed government to figure out the best way to address it and there were SO MANY PROGRAMS. Even as we worked the programs evolved, rules changed and/or were clarified. It was legitimately chaos.
To be very frank - a lot of these programs needed to be clarified and changed and amended. DASP was no exception. It was a program that was always meant to be a public/private partnership starter with good intentions that led to not great consequences. BUT THAT HAPPENED A LOT.
It didn’t happen b/c people were neoliberal shills - it happened b/c that was the chaotic nature of the housing crisis. Housing is STILL recovering from it in so many ways most of y’all don’t see. If you want to talk about it, let’s talk about it. BUT STOP FUCKING LYING.
Anyway - I have to stop talking about this because it’s Sunday and I’m tired but this whole framing is disingenuous bullshit and I’m not the kind of person that can shut up about things I do everyday.
I think this overview is really helpful re: the DASP program. It’s just a straightforward look at the program, if it’s working and how it can be improved. This is from 2014.
cdn.americanprogress.org/wp-content/upl…
cdn.americanprogress.org/wp-content/upl…
I want to add one more thing - a LOT of people had problems with DASP. And I think it's GOOD that people pushed Castro to try and fix it. The idea that he had to be "persuaded" to fix it isn't some smoking gun that he was bad - that's how it works and that's how you get change.
In conclusion (finally, I hope) - what 'm pushing back on is that he was the Dem most responsible for exacerbating the racial wealth gap. That's ridiculously untrue. DASP was ONE program he inherited that he tried to fix. Please google AFFH & Small Market FMRs.
The end.
The end.
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