A Colorado rental assistance program that paid money directly to landlords for tenants who needed help with rent during the pandemic paid an estimated $2.39 million in error between July 2020 and March of this year, according to a state audit report. The report about the Property Owner Preservation Program, presented Monday to the state’s Legislative Audit Committee, found that about 5% of the $47.13 million in housing assistance likely had problems. The program, which received state and federal funding, ultimately distributed more than $50 million to about 1,600 property owners before it ended after June of this year, the report stated. The audit team estimates that the housing division most likely made $2.39 million in payments erroneously, but acknowledged that the amount could range between $625,000 and $4.4 million.
Colorado’s Pandemic Housing Assistance Program Paid $2.39 Million In Error, State Audit Estimates
Saja Hindi, Denver Post: Politics
Mon, 10/25/2021 - 5:23pm
Topics: march property owner preservation program legislative audit committee june state auditor heidi wagner according of housing deputy director wendy related articles proposition massive denver predatory empower northeast park hill auditors landlords from august january periodically colorado july wagner hawthorne editorial the implementing pandemic paid estimates housing assistance assistance program million in error payments division received report agreements rental payment notification letters money didn allowed signed reviewed rent tenant procedures year needed federal owners allegations residents renters fees team problem stated copies amount overpayments started golf
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