Support for LAist comes from
We Explain L.A.
Stay Connected

Share This


Housing Department Good at Building Homes, Lousy at Collecting Money

Photo by f-go via the LAist Featured Photos pool on Flickr
LAist relies on your reader support, not paywalls.
Freely accessible local news is vital. Please power our reporters and help keep us independent with a donation today.

Details of new audit today released by City Controller Wendy Greuel show that the Los Angeles Housing Department (LAHD) "does a very good job helping to build housing," but "they’re not good at collecting money," according to a release issued by the City Controller's office. Greuel's audit, part of an ongoing series of audits aimed at ensuring the city's funds are properly administered, looked at how more than $43 million in Special Revenue Funds are managed at the LAHD.

The core findings of the audit, according to Greuel, are as follows:
- The Housing Department had at least $48 million in uncollected fees owed to its Code Enforcement Trust (SCEP) and Rent Stabilization Trust (RSO) funds. $36 million in fees that are owed were at least five months delinquent.
- LAHD has collected $11.2 million more in SCEP and RSO funds over the past five years than they’ve expended.
- The LAHD has 10 funds with a balance of $10.4 million that did not expend any money for at least two years.