
"The chief executive of one of Los Angeles' most prominent homeless service nonprofits has resigned from a government oversight board amid a federal investigation into one of the nonprofit's real estate dealings. Los Angeles Mayor Karen Bass originally appointed Weingart Center CEO Kevin Murray to the board of the Los Angeles County Affordable Housing Solutions Agency, which is tasked with spending a portion of Measure A sales tax revenue on affordable housing and homeless prevention."
"Several weeks ago, the Weingart Center placed Murray and his director of real estate development, Ben Rosen, on leave while the nonprofit conducted an internal review into its housing projects. In a statement at the time, Weingart did not specify which housing projects were under review, but the move came after The Times raised questions about two projects, including one in Cheviot Hills that is now at the subject of a federal investigation."
Kevin Murray resigned from the Los Angeles County Affordable Housing Solutions Agency board after being placed on leave by the Weingart Center amid an internal review of its housing projects. Mayor Karen Bass appointed Murray to the LACAHSA board; her office informed the agency that Murray submitted his resignation on Nov. 29 and would name a replacement. Murray is no longer listed on the board webpage and did not respond to requests for comment. Federal prosecutors allege a Cheviot Hills property was bought for $11.2 million and later flipped to Weingart for $27.3 million. Weingart used public funds to finance purchase and conversion of the site into homeless housing.
Read at Los Angeles Times
Unable to calculate read time
Collection
[
|
...
]