The discussion of $495,000 in grants from MSHDA starts at about 9 minutes in, and my comments 13 minutes in.

Its worth sticking around for the rest of the conversation to the vote. Only TWO Republicans (including myself)out of 6 present, voted against this.

This is happening EVERYWHERE in the state, and costs us a great deal of money.  As an aside, I would be curious to see certain numbers if MSHDA could provide. Numbers showing the actual percentage of those who are helped with the down payment grants, and repair grants, and have kept their homes through the entire mortgage to sale or payoff.

Now here is the kicker for us up here in TC.

The quote you used above is par for the course.  Up until the county took over the "affordable housing" program, it was run by the city.  EXCEPT, the city had only an employee with no superior or chain of command entity which to report.  The COUNTY for its part paid $40,000 to the city who in turn paid the worker who had no boss.  This person was paid roughly the amount of the county's contribution.  

Think about the cost of managing that grant money as well. Percentage wise it is similar to a number of other programs I was never even aware until assuming the role of county commissioner.