𝐇𝐔𝐃 𝐒𝐄𝐂𝐑𝐄𝐓𝐀𝐑𝐘 𝐒𝐂𝐎𝐓𝐓 𝐓𝐔𝐑𝐍𝐄𝐑: $𝟓 𝐁𝐈𝐋𝐋𝐈𝐎𝐍 𝐈𝐍 𝐄𝐑𝐑𝐎𝐑𝐒, 𝐑𝐄𝐍𝐓 𝐂𝐇𝐄𝐂𝐊𝐒 𝐓𝐎 𝟑𝟎,𝟎𝟎𝟎 𝐃𝐄𝐀𝐃 𝐏𝐄𝐎𝐏𝐋𝐄

For the first time, HUD’s Office of the Chief Financial Officer ran advanced data analytics across every tenant-based and project-based rental assistance payment made in 2024.  - M.A. Rothman@MichaelARothman
Secretary Scott Turner says what they found amounts to a violation of the public trust. 

The topline: more than $𝟓 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 in potential payment errors out of over $50 billion in total rental assistance for fiscal year 2024. 

• Auditors found the heaviest concentrations of bad payments in New York, California, and Washington, D.C. — but payments to dead tenants turned up in all 50 states. 
• Nearly 𝟑𝟎,𝟎𝟎𝟎 𝐝𝐞𝐜𝐞𝐚𝐬𝐞𝐝 𝐀𝐦𝐞𝐫𝐢𝐜𝐚𝐧𝐬 had rental assistance money sent out under their names. 

Turner didn’t soften it: 

“𝘛𝘩𝘢𝘵 𝘪𝘴 𝘭𝘶𝘥𝘪𝘤𝘳𝘰𝘶𝘴. 𝘐𝘵'𝘴 𝘳𝘪𝘥𝘪𝘤𝘶𝘭𝘰𝘶𝘴 𝘵𝘰 𝘦𝘷𝘦𝘯 𝘵𝘩𝘪𝘯𝘬 𝘰𝘳 𝘵𝘢𝘭𝘬 𝘪𝘯 𝘴𝘶𝘤𝘩 𝘢 𝘸𝘢𝘺. 𝘐𝘵'𝘴 𝘢 𝘷𝘪𝘰𝘭𝘢𝘵𝘪𝘰𝘯 𝘰𝘧 𝘰𝘶𝘳 𝘴𝘢𝘤𝘳𝘦𝘥 𝘵𝘳𝘶𝘴𝘵 𝘵𝘰 𝘈𝘮𝘦𝘳𝘪𝘤𝘢𝘯 𝘵𝘢𝘹𝘱𝘢𝘺𝘦𝘳𝘴, 𝘢𝘯𝘥 𝘪𝘵 𝘩𝘢𝘴 𝘵𝘰 𝘦𝘯𝘥, 𝘢𝘯𝘥 𝘪𝘵 𝘸𝘪𝘭𝘭.”...