Commentary

HUD Finds $5+ Billion In Fraud – Dead Tenants, Fake IDs, Inactive Accounts Paid

Well, with all the reports on fraud and stealing the American people’s money, another log gets thrown on the fire.  A new Housing and Urban Development (HUD) revealed that more than $5 billion in potential fraudulent and improper rental-assistance payments in 2024 alone.

From the HUD website:

Housing and Urban Development (HUD) Secretary Scott Turner released HUD’s Fiscal Year 2025 (FY25) Agency Financial Report (AFR) to Congress, which detailed significant misuse of taxpayer funds under the Biden administration including potential payment errors totaling more than $5 billion.

For the first time ever, HUD’s Office of the Chief Financial Officer (OCFO) used advanced data analytics to examine all Tenant-Based Rental Assistance (TBRA) and Project-Based Rental Assistance (PBRA) payments made in 2024. Through a series of internal management reviews, HUD identified significant potential improper payments, process gaps, and material weaknesses.

“A massive abuse of taxpayer dollars not only occurred under President Biden’s watch, but was effectively incentivized by his administration’s failure to implement strong financial controls resulting in billions’ worth of potential improper payments,” said Secretary Turner. “HUD will continue investigating the shocking results and will take appropriate action to hold bad actors accountable. Additionally, the Department is advancing efforts made under President Trump’s first administration to strengthen program integrity and ensure taxpayer-funded assistance serves the vulnerable communities it was intended for.”

Subscribe to our mailing list

After identifying process gaps and weaknesses, HUD disclosed a material weakness to be transparent about the inherent risks that existed under the Biden administration and to establish accountability for fixing financial oversight moving forward. HUD will continue to implement new processes to track how Public Housing Authorities (PHAs) and HUD-funded grantees spend the funds they receive, ensuring efficiency, transparency, and accountability at every level.

Background:

The AFR is HUD’s annual report on how the department manages public funds.

HUD’s rental assistance programs provide critical housing support to deserving communities across the nation:
Tenant-Based Rental Assistance (TBRA) program helps families afford safe housing through vouchers they can use in the private market.

Project-Based Rental Assistance (PBRA) program provides rental subsidies tied to specific properties to ensure long-term affordability.

The problem is in all of this is the timing, which takes precedence over the release of damning documents in the Epstein files, along with the fact that all of this will never be prosecuted by the criminals in power who are tolerated.  The only way there will be justice is if the people actually apply the Second Amendment’s provisions regarding the militia and execute the law themselves.  Otherwise, more frustration, more words, more talk, more aggravation and criminals get paid while the people suffer the abuses.

Tim Brown

Tim Brown is a Christian and lover of liberty, a husband to his "more precious than rubies" wife, father of 10 "mighty arrows" and jack of all trades. He lives in the US-Occupied State of South Carolina, is the Editor at SonsOfLibertyMedia.com, GunsInTheNews.com and TheWashingtonStandard.com. and SettingBrushfires.com; and also broadcasts on The Sons of Liberty radio weekdays at 6am EST and Saturdays at 8am EST. Follow Tim on Twitter. Also check him out on Gab, Minds, and USALife.

Related Articles

Check Also
Close
Back to top button