Two prominent developers have plead guilty to federal fraud charges for stealing millions of tax-payer dollars intended for low-income housing developments.
Jay Weaver reports on the unfolding federal prosecution "of an elaborate affordable-housing racket that cost taxpayers $36 million." To summarize the fraud: Michael Cox and Gonzalo DeRamon, co-founders of the Biscayne Housing Group, conspired with the top two principals of the Carlisle Development Group ("once the state’s biggest affordable housing developer," according to Weaver) as well as two South Florida contractors who already pleaded guilty.
Weaver's original report broke the news that Cox and deRamon intended to plead guilty. In an updated post, Weaver notes that "[c]ombined, Cox and DeRamon pocketed between $7 million and $9.5 million in illegal kickbacks from contractors in their Miami-Dade affordable-housing developments."
Weaver's reports provide more details about the reach of the conspiracy.
FULL STORY: Feds: Miami developers, contractor to plead guilty in $36 million affordable-housing scam
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Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
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Op-Ed: Why an Effective Passenger Rail Network Needs Government Involvement
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Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Village of Glen Ellyn
Central Transportation Planning Staff/Boston Region MPO
Heyer Gruel & Associates PA
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Regional Transportation Commission of Southern Nevada
Toledo-Lucas County Plan Commissions