Gaps in oversight found in Metro affordable housing bond
Metro Auditor Brian Evans said the regional governing agency ignored some protocols for approving projects.
Metro, the regional government, disregarded some of its own procedures when selecting affordable housing projects to fund with 2018 bond money, according to a report from the Metro auditor.
Auditor Brian Evans said gaps in data collection also impeded the Affordable Housing Bond s appointed oversight committee s ability to monitor progress on some of the promises made to the public specifically that the bond would lead with racial equity and create opportunity throughout the region. It was hard to tell if the methods outlined in the bond s work plan were used to evaluate projects. Using different methods could make funding decisions less reliable and more difficult to defend, according to the 23-page report. Unclear procedures also created uncertainty about project and program reporting.