Documents Reveal Recipients of HUD Funds

Press release from the issuing company

Monday, August 23rd, 2010

Hundreds of pages of invoices, checks and employee records obtained by The Albany Herald point to potentially questionable business practices by a local non-profit involved in a failed development.

The Albany City Commission will decide Tuesday whether to accept a settlement for Cutliff Grove Family Resource Center (FRC) that would transfer ownership of a parcel of land at 828 W. Broad Ave. where the Grovetown Gardens apartments were intended to be built in exchange for first refusal rights on the property should the city sell it.

That vote comes after a series of events that ultimately led the U.S. Department of Housing and Urban Development to declare the project ineligible, the city to strip FRC's status as a Community Housing Development Organization and HUD to demand the city return $374,000 in HOME funds spent on the project.

Read more: Albany Herald