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U.S. State Lost Track Of $426 Million In Federal Pandemic Funds

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The Oregon Housing and Community Services (OHCS) lost track of $426 million in federal pandemic-era funds for emergency rental assistance (ERA), with the agency unable to determine where the money went.

Auditors found deficient financial controls, poor administrative practices, and a high error rate in payments, potentially totaling $11 million.

The department failed to meet federal guidelines in spending the funds and submitted inaccurate reports to the U.S. Treasury. (Trending: Pro Sport Announces Shock Decision On Transgender Athletes)

“The agency has no way of knowing how much of the $426 million went to eligible Oregon recipients and how much was sent to landlords, renters and non-eligible recipients in error,” wrote The Oregon Audits Division.

Despite implementing an equity-based system, concerns were raised about the department’s handling of the program.

OHCS defended its work, attributing issues to the pressures of the pandemic.

The executive director agreed to most audit recommendations but denied additional oversight measures.

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This article was originally published at StateOfUnion.org. Publications approved for syndication have permission to republish this article, such as Microsoft News, Yahoo News, Newsbreak,...

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