







HomeRise, a San Francisco-based nonprofit tasked with providing housing for the formerly homeless, is under intense scrutiny following a city audit. The audit uncovered that the organization misused taxpayer funds through practices that included wasteful spending, uncontrolled use of public funds, and gross fiscal non-compliance. The report highlighted a lack of key financial controls within HomeRise, which heightened the risk of fraud. This misuse of funds also involved large raises and bonuses for staff despite insufficient cash flow. The findings have sparked outrage and concern over the organization's ability to fulfill its mission of housing the homeless, marking it as one of 11 nonprofits in trouble.
San Francisco nonprofit group under fire for misusing millions of dollars for homeless https://t.co/3fl6ufSrkj https://t.co/3fl6ufSrkj
A leading developer of housing for people exiting homelessness in San Francisco has been “careless and irresponsible” with taxpayer money, according to a report released Tuesday by the city controller. https://t.co/eNdBaIlLUR
Audit Finds SF Homeless Housing Provider Misspent Taxpayer Money https://t.co/3c1kyF6AC9