Apartment building developers (like smiley Larry Gluck) may soon be drinking from the same...

|By:, SA News Editor

Apartment building developers (like smiley Larry Gluck) may soon be drinking from the same bailout trough as the banks. A bill winding its way through Congress known as TARP for Main Street proposes to prop up deteriorating apartment complexes by injecting $2B to stabilize multifamily properties in default or foreclosure.