To show appreciation for lenders who work with low-income borrowers, Florida’s housing agency hosted a $52,000 dinner that featured filet mignon, broiled lobster tails and a bar stocked with “deluxe brand liquors.”
At a reception for its own board members, the agency spent $300 for a bartender, $425 for a pork carving station and $420 for a “Spanish charcuterie station.”
And a time when thousands of Floridians were waiting for help in saving their homes, the agency awarded a total of nearly $443,000 in bonuses to its employees.
Those are among the findings in a critical state audit of the Florida Housing Finance Corp. Released this month, the report cites several areas in which it said the organization needs to better account for its spending, improve controls over electronic fund transfers and ensure the security of confidential personal information.