El Paso Workforce Housing Investigation

Mapping the $1.3 Billion RAD Program

$1.3B
RAD Program Value
30+
Developments
$65B
Annual National Spending
THE PLAYERS
Hunt Companies
Developer & Financier
Led by Woody Hunt
Secures financing & deals
Moss Construction
Builder & Contractor
40% owned by Hunt
"Self-performs" the work
↓
THE "FULL-STACK" MODEL
Vertically Integrated System
Hunt secures the deal → Moss builds the project → Profits stay within the same corporate ecosystem
↓
FUNDING SOURCES
Federal Block Grants
HOME & CDBG programs
Tax Credit Allocations
LIHTC (Low-Income Housing Tax Credits)
Bond Financing
Public bonds for development
↓

🚨 THE CRITICAL DISCREPANCY

Projects are MARKETED as "Workforce Housing" (80-120% AMI)
for teachers, nurses, and first responders

BUT

LEGALLY RESTRICTED by LURAs to tenants at
60% AMI or below (low-income)

POTENTIAL LEGAL VIOLATIONS
Securities Fraud
If bond investors were misled about project restrictions
False Claims Act
If federal grant applications contained misrepresentations
Texas DTPA
Deceptive trade practices regarding consumer eligibility
↓
INVESTIGATIVE SERIES (3-PART)
1
The Gold Standard
History of the 2006 Downtown Plan and birth of El Paso's RAD model
2
The Missing Middle
How "Workforce Housing" became a political shield for developers
3
The Paper Trail
Investigating LURAs and Bond Prospectuses to uncover legal misalignments
INVESTIGATION TOOLS
Public Information Act Requests
  • Target: City Clerk & HACEP
  • Request: LURAs & Regulatory Agreements
Identity of Interest Disclosures
  • HUD-mandated forms
  • Reveals profit-sharing between Hunt & Moss
EXTERNAL INFLUENCE: SEIU & "BARGAINING FOR THE COMMON GOOD"
National Union Strategy
SEIU rebrands housing as "essential worker infrastructure" to shift public perception and support developer-friendly policies

Note: This investigation examines the gap between marketing claims and legal restrictions in El Paso's workforce housing program. Documentation and public records are essential to understanding the full scope of this discrepancy.

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infinitive storytelling