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Reimburse its business development loan program $5,999,894 from non-Federal funds for the ineligible expenditures related to the Hotel Sterling project.

Publication Report

2013-PH-1001 | Octubre 31, 2012

Luzerne County, PA, Did Not Properly Evaluate, Underwrite, and Monitor a High-Risk Loan

We audited Luzerne County, PA’s $6 million loan of Community Development Block Grant funds to CityVest that was expected to be used to revitalize the historic Hotel Sterling and surrounding properties. We did the audit because HUD Office of Inspector... más