Former HUD official details lapses in housing-construction fund for poor

[alp227]

Source: Wash. Post

A former inspector general at the Department of Housing and Urban Development on Wednesday detailed chronic lapses in oversight of the nation’s housing-construction fund for the poor and urged strong measures to root out waste and fraud.

At a joint housing and oversight hearing of the House Financial Services Committee, the former HUD inspector general and the acting deputy inspector general described long-standing breakdowns within HUD’s HOME Investment Partnerships Program, which awards grants to state and local governments to develop affordable housing.

The program does not aggressively monitor or track thousands of local construction projects, putting federal money at risk and opening the door to fraud, the officials testified.

Kenneth Donohue, who spent nine years as HUD’s inspector general, said he has voiced concerns about “compliance, controls and information systems related to the HOME program.”

Read more: http://www.washingtonpost.com/politics/former-hud-official-details-lapses-in-housing-construction-fund-for-poor/2011/11/02/gIQADU4sgM_story.html

[annm4peace]

1. would what is happening to the HOmeless in Fresno count?

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x2233446

[No Elephants]

2. WHY are we paying these people and payingr expenses? Looking out for us is their job.

[midnight]

3. No over site seems to be the bipartisan agreement in Washington.