LA Lost Track of $2.3 Billion in Homeless Spending Over Four Years

What was said

"$2.3 billion over 4 years. 47% of program participants exited back into homelessness. Only 22% found permanent housing. A city councilwoman called the LAHSA a modern-day Titanic."

A court-ordered audit of the Los Angeles Homeless Services Authority found that the organization failed to verify whether services it paid for were even provided, with documentation so poor that tracking $2.3 billion in spending over four years was nearly impossible. Despite the catastrophic failure rate—47% of participants returning to homelessness and only 22% finding permanent housing—no officials resigned or were fired, and the city requested more funding.