According to Internet Media:
PHILADELPHIA—The Philadelphia Housing Authority is earning high marks for its financial performance after an audit, despite ongoing probes of secret payments and alleged slush funds.
Annual audit figures released Friday show the agency's revenues, assets and cash flow all increased last year. But a forensic audit is still under way.
The U.S. Housing and Urban Development agency funds most of the authority's nearly $400 million annual budget.
HUD's chief operating officer, Estelle Richman, is now the sole member of the Philadelphia authority board after a recent takeover.
HUD is investigating whether the authority settled sexual-harassment lawsuits filed against former director Carl Greene, demanded payments from employees for parties and steered legal work to the chairman's son's law firm.
Richman named an authority lawyer Friday to a new ethics post.
Annual audit figures released Friday show the agency's revenues, assets and cash flow all increased last year. But a forensic audit is still under way.
The U.S. Housing and Urban Development agency funds most of the authority's nearly $400 million annual budget.
HUD's chief operating officer, Estelle Richman, is now the sole member of the Philadelphia authority board after a recent takeover.
HUD is investigating whether the authority settled sexual-harassment lawsuits filed against former director Carl Greene, demanded payments from employees for parties and steered legal work to the chairman's son's law firm.
Richman named an authority lawyer Friday to a new ethics post.
