Milwaukee housing authority owes $5M to the city, officials say
Briefly

City officials reported that the Housing Authority of the City of Milwaukee (HACM) owes approximately $3.6 million to the city for salaries and benefits of employees that perform HACM functions. This debt arises from an agreement between the city and HACM for staffing, which has drastically reduced from 150 employees to just four. The comptroller has raised concerns about the lack of reimbursement since 2021 and is reviewing the situation to improve financial oversight. HACM's new leadership is set to conduct an internal review to ensure clarity and compliance in financial obligations to the city.
According to Milwaukee Common Council President Jose Perez, the revelation that HACM owes the city $3.6 million in reimbursements was a surprise, prompting further investigation.
Comptroller Bill Christianson stated that it was unclear why the positions supporting HACM were even included in the city's budget, indicating a lack of proper oversight.
HACM's new leadership team announced its commitment to undertake a thorough review of existing financial obligations to establish transparency and accountability.
Christianson highlighted that in addition to the $3.6 million owed for employees, HACM still owes another $1 million from its Payment In Lieu of Taxes program.
Read at www.housingwire.com
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