Tuesday, December 23, 2008

Who has been held accountable for Ft. Worth's $1.45 MILLION dollar discrepancy? Where's our money?

Words below were taken from FW Weekly Article written in June 2007.
"From 1996 to 2005, the city received HOME allocations to build low-income affordable housing totaling more than $41.3 million but spent only about $29.6 million. The report also said that two nonprofits the city has been dealing with do not meet HUD guidelines — and the city not only has been ordered to immediately cease funding those two organizations but will also be required to pay back the money already granted to them.
HUD recently forced the city to set aside $1.45 million that may have to be used to pay back federal funds misspent between 1999 and 2004. The figure is based on a 2003 HUD audit that found discrepancies in the way the city housing department had accounted for federal dollars on projects such as the Mercado commercial development on the North Side and the Evans-Rosedale redevelopment project on the East Side. Both projects have cost millions, and neither has delivered the promised commercial and residential redevelopment of the surrounding low-income areas.
Because of housing projects, jump-started with federal funds, that are now being foreclosed on by banks. They include the Victory Arts apartments on Hemphill Street ($287,000), Women’s Second Chance transitional housing project ($61,000), and the Rolling Hills/Glen Eden housing development off Riverside Drive ($253,628.) The city housing department was also cited in the reports for failing to diligently oversee its contractors, failing to keep proper accounting records, and failing to follow HUD rules regarding the use of government funds that passed through its coffers from 1992 to 2006. "


1997 - 2005 Ralph McCloud, City Council Rep, District 8
Kathleen Hicks, Aide to Ralph McCloud (for about 8 of those years)

2005 - present Kathleen Hicks, City Council Rep, District 8

Talk about needed CHANGE. How about it?! Vote Suzette Watkins, City Council, District 8

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