In this video, Peter Anastos, chair of MaineHousing Board of Commissioners, speaks about hiring a new executive director at MaineHousing and the board’s investigation into more than $7 million paid to two computer consultants. He also mentions how the former executive director, Dale McCormick, deviated from MaineHousing’s mission by donating to social programs and spending $1 million on a failed carbon-credit scheme.
Treasurer Bruce Poliquin (right) and MaineHousing Board of Commissioners members Linc Merrill (left), head of the board’s audit committee, and Anastos spoke at the State House on Wednesday, Oct. 3 about the federal investigation into MaineHousing’s failure to properly manage a housing assistance program under former executive director Dale McCormick.
The Office of the Inspector General at the Dept. of Housing and Urban Development has recommended that MaineHousing return almost $200,000 paid for housing assistance in units that failed inspection. HUD is also questioning whether the $111,000 that MaineHousing spent on a computer program to administer the payments was appropriate.
See the Inspector General’s report here.