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TDFP Exclusive: HUD Left $149.4 Million Sitting Idle for Up to 43 Years, Inspector General Finds
Some of the money had not moved in 43 years. A new HUD inspector general audit found $149.4 million parked in old grants and contracts that HUD could not show were still needed, and in some cases could not even find the paperwork for. In one case, three grantees had no idea money was still waiting for them, and drew it down the moment HUD called. Here's what the audit found and what HUD says it is doing.

Yossi Schmidt
3 hours ago4 min read
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