It doesn't seem to stop all the other graft-ridden wasteful parts of government.
Personally I despise the idea of public housing, but once something is there, it becomes easier to develop. There has to be some way of enticing all the factions stopping housing with productive greed rather than anti-productive greed. If public built housing gets something where there was nothing until the first paper gets published or whatever, maybe it's worth doing a deal with the devil.