IMF Chief Arrested for Sexual Assault, HUD Wastes $400 Million in Development Projects: Morning Links

Dominique Strauss-Kahn, chief of the International Monetary Fund, has been accused of sexual assault. DSK, as he is known, is expected to plead not guilty. [New Yorker]

Problematic development projects have tied up about $400 million in affordable-housing funds from the US Department of Housing and Urban Development. [Washington Post]

A 15-year-old student has graduated from the University of Baltimore after transferring from Howard University last fall. Ty Hobson-Powell is the school's youngest graduate. [Baltimore Sun]

City officials in Alexandria plan to elevate King Street, Union Street, and portions near the waterfront in preparation for possible flooding in Old Town. [Washington Examiner]

Icelandair returns to the Washington area with service connecting to the Dulles airport four times a week. [Sun Gazette]

Plans may finally move forward on a mixed-use building with a Giant in Cleveland Park. The neighborhood has been waiting for a walking-distance grocery store for nearly 10 years. [Washington Post]

Alexandria Academy, a private school that hoped to resurrect President George Washington's school founded in the 1700s, closed after less than a year of operation. [Washington Examiner]

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