Waste Of The Day: Questions Arise Over $5.8 Billion In Rental Assistance Authored by Jeremy Portnoy via RealClearInvestigations, Topline: The federal government is unable to verify that $5.8 billion in rental assistance paid to more than 204,000 recipients in 2024 was not fraudulent, according to the Department of Housing and Urban Development’s latest annual report. Key facts: HUD spent $15.2 billion on project-based rental assistance in 2024, which pays local housing authorities or private businesses and nonprofits to build affordable housing. That included $4.3 billion in “questionable payments” to nearly 113,000 groups that may have been ineligible for funding, according… — Continue at ZeroHedge News : Read More
