Officials in Bristol might have misplaced as much as $5,000 in federal grant money allocated to pay for homes for low-income people, according to an audit released today by the Tennessee Comptroller’s office.
Through what is known as the federal Home Investment Partnership Program, state and local areas get money to build, buy or rehabilitate homes, often in partnerships with nonprofits.
According to the federal Housing and Urban Development’s website, this program is the largest federal block grant that state and local governments get for affordable housing.
State auditors said Bristol officials didn’t properly review one out of every seven cases and may have lost exactly $5,110.
According to the audit, “the city could have received federal money for expenditures it did not qualify to receive,”
Bristol officials did not return repeated requests for comment.
HUD allocates the money by Congressional district, and Bristol’s district also includes Kingsport and Johnson City, according to that agency’s website.
Exactly 1,956 homes in the district use this program, according to HUD’s website. HUD also says its spent more than $51 million on the Home Investment Partnership Program since 1992.
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