One of San Francisco’s largest housing providers for formerly homeless people “misused” millions of dollars in taxpayer funds, helped itself to fat bonuses, and made sketchy moves that “heightened the risk of fraud,” according to an audit released on Tuesday.
“The breadth and magnitude of financial and compliance problems we found at HomeRise is concerning,” Sjoberg Evashenk Consulting, an independent firm the city hired to audit the nonprofit group, wrote in its report. The firm also described HomeRise’s use of public funds as “wasteful” and “uncontrolled.”
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