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US Virgin Islands’ housing authority accused of corruption as federal funding is suspended
HUD said the authority spent only $570,000 of $1.9 billion in disaster aid and found false certifications, improper payments and weak fraud controls.
- Housing Secretary Scott Turner announced Monday the suspension of funding for the Virgin Islands Housing Finance Authority after a HUD investigation uncovered widespread corruption and financial mismanagement.
- Nine years after the Virgin Islands received $1.9 billion in disaster recovery funding following Hurricane Irma and Hurricane Maria, the Housing Finance Authority has spent only $570,000.
- Investigation data showed the Housing Finance Authority completed only two of 95 planned rental rehabilitation projects and zero of 329 housing projects, while spending just 2% of electrical grid recovery funding.
- Seeking $6.2 million in disaster-related funds already paid by the Federal Emergency Management Agency, the Housing Finance Authority also employed a former chief operating officer now serving prison time for fraud.
- This failure has deprived Virgin Islanders of roughly $1.3 billion in intended assistance, while local legislators previously questioned why $4.2 million remained idle before the executive director resigned in February.
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26 Articles
26 Articles
US suspends funding for US Virgin Islands’ housing authority and accuses it of corruption
The U.S. government announced Monday it suspended funding for the U.S. Virgin Islands’ housing authority after an investigation found widespread corruption, as residents still struggle to recover from two major hurricanes that hit nearly a decade ago.
·Cedar Rapids, United States
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U.S. Virgin Islands' housing authority accused of corruption as federal funding is suspended
U.S. Housing Secretary Scott Turner said Monday that nine years after the territory received $1.9 billion in disaster recovery funding, it has spent less than a third of the funds.
·Arlington, United States
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Associated Press News+15 Reposted by 15 other sources
US Virgin Islands' housing authority accused of corruption as federal funding is suspended
The U.S. government says it has suspended funding for the U.S. Virgin Islands’ housing authority after an investigation found widespread corruption.
·New York, United States
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Coverage Details
Total News Sources26
Leaning Left9Leaning Right6Center11Last UpdatedBias Distribution42% Center
Bias Distribution
- 42% of the sources are Center
42% Center
L 35%
C 42%
R 23%
Factuality
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