Probe of affordable
housing projects in

Federal prosecutors have asked Miami-Dade County to provide records of all affordable-housing projects funded through a $137 million bond program that helps finance rental apartments for low-income families.

Authorities are focusing on how developers used public money to pay for the construction of more than thirty projects throughout the county, to determine if there was any theft of government money.

Over the past two years, Carlisle Development, and Biscayne Housing Group pleaded guilty to over-charging a federal tax-credit program millions of dollars.

Earlier this year, a Pinnacle Housing Group affiliated contractor was charged with stealing federal tax credits for four projects and settled the criminal case with a $5.2 million payment to the federal government.

Any unused bond money is to be returned to the county.


The Miami Herald. June 18, 2017. 1A.