Yep. Look at the cost of the homes. From the article:
When all was said and done, what Eleanor Roosevelt and her circle of experts had assured would cost $2,000 maybe $3,000 per unit, tops came in at "$16,625 each"
Wow. $16k was serious, serious money in those days. Circa the late 1970s you could pick up old Atlantic Steel mill houses in West midtown Atlanta, 3 BR 1 bath, for that kind of money. While they needed a lot of work, it was also 40 years and a lot of inflation later. Just for comparison purposes, to show how ridiculous the overspending was from another angle.