Indianapolis Housing Agency independent audit shows more than $1 million due in bills

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Indianapolis Housing Agency independent audit shows more than $1 million due in bills
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WRTV Investigates found in some cases, money that was supposed to be used for residents, was mishandled and used for payroll and more.

"Right now. It's tough making payroll here," said Interim Executive Director Marcia Lewis."We owe $1,081,000 in payables to various vendors and contractors.”In 2021, the total revenue was $90.7 million. The total operating expenses: $92.7 million. That's a $2 million dollar loss.“So basically, when residents ask me ‘how did we get here?’ The simple answer is the agency overspent money, year after year?" asked WRTV's Rachael Wilkerson.

"There were there funds used for other programs here, that should only have been used for things associated with the voucher program," Lewis said.On Wednesday, IHA put Millikan on Mass up for sale in hopes by selling the commercial property, it can get its bank account stable. “Millikan alone should allow us to pay off the debt, but the other properties if they achieve the kinds of possible revenue, that we're hoping will create a savings and will create a reserve that will create a long-term reserve so that we will not be in this position again," Lewis said.

“People can just see that we're trying to do our best to improve the way in which the properties are maintained, managed and the quality of life that we have some hand and providing for the people who live in these communities. They deserve it. And we're trying to make sure that that happens,” said Lewis.

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