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Williamson County could sue Austin over plans for hotel for homeless


Williamson County commissioners on Tuesday approved hiring lawyers to explore legal options, including filing a lawsuit, to prevent the city of Austin from using a hotel to house homeless people.
Last week, the Austin City Council approved spending $9.5 million to buy the Candlewood Suites at 10811 Pecan Park Blvd., an area of Austin that is in Williamson County.
Commissioners had asked the Austin City Council last week to delay its decision to buy the hotel for six months because they had only recently learned of the project.
By a unanimous vote, the Commissioners Court on Tuesday approved exploring legal actions against Austin over the hotel purchase.  ....

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Detailed text transcripts for TV channel - FOXNEWS - 20121027:14:24:00

When things are finally starting to look green and prosperous, they want to clamp down on it. get the government out of the housing business. brenda: okay. jonas. and first of all, the government is still the loose ninja lender of last resort. called the fha program, and you can put little down, 2, 3%, 0 and ma market existses. the government is throwing away money, 3% program and home path program. the lenders almost all went out of business because of their own lousy credit system they were using and over exemptions thought that homes couldn t fall and now didn t have anything to do with fannie mae or freddie mac or the community reinvestment act or ultra low interest rates, doesn t have anything do you remember thornburg, the first were to go the non-fannie companies failed first and it was a long series of steps. those are the ones looking ....

Brenda Buttner , Housing Business , Jonas Max Ferris , Lender Of Last Resort , Ma Market Existses , Flittle Down , Didn T , Path Program , Freddie Mac , Credit System , Homes Couldnt Fall , Fannie Mae , Interest Rates , Doesnt Have Anything , Community Reinvestment Act , Ultra Low ,