San Francisco Nonprofit Under Scrutiny for Misuse of Public Funds

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San Francisco,Nonprofit,Homeless

A San Francisco nonprofit with the stated purpose of helping the homeless find housing is under scrutiny after a city audit described its use of public funds as 'wasteful' and 'uncontrolled.' Concerns about HomeRise's financial activities date back several years.

A San Francisco nonprofit with the stated purpose of helping the homeless find housing is under scrutiny after a city audit described its use of public funds as 'wasteful' and 'uncontrolled.' Concerns about HomeRise's financial activities date back several years. The San Francisco mayor's office in a press release said that by fiscal year 2020-21 various city departments had 'concerns about HomeRise's performance and viability.

' Text that can be found on the homepage of the HomeRise website notes that the organization's aim is 'developing and managing high quality supportive housing and providing services to individuals, seniors and families experiencing homelessness.' The audit states the nonprofit's use of city funds on 'unallowed or questionable costs' may have taken money away from intended services and those who needed i

Source: Real Estate Daily Report (realestatedailyreport.net)

San Francisco Nonprofit Homeless Housing Public Funds Audit Wasteful Uncontrolled Concerns Financial Activities

 

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