A few days ago, I wrote a blog
about how several government officials in Wausau mishandled a
conflict situation involving the purchase of property fixed up with an
interest-free loan from HUD. Yesterday's The State
of South Carolina
other HUD loan conflict situations
in Columbia, which are being
handled only a bit better.
In the first case, a HUD loan, administered by the city of Columbia
(via an empowerment zone), was used by the mother of a Columbia council
member to purchase an office building. Part or all of the building was
rented to the council member's law firm. It was HUD that discovered the
problem when it looked into how the loan was used.