Audit Finds Loan Delinquency, Mismanagement, and Nepotism with City Housing Agency

Audit Finds Loan Delinquency, Mismanagement, and Nepotism with City Housing Agency

A City of Tallahassee audit of the the Big Bend Community Development Corporation (BBCDC) has found that as of September 2016 the organization had failed to make any payments on city of Tallahassee loans totaling $1,275,000. Some of the loans were first originated in 2002. Also, the audit documented instances of mismanagement and nepotism. The […]