blog post by John Hoff
If JNS blog doesn't write about tempests in a neighborhood teapot, who will? OK, possibly the Hawthorne Hawkman but watch this blogger put my teeth all over the story FIRST.
A reader in the Holland Neighborhood (Northeast Minneapolis) wrote me a detailed email about a situation involving Greater Metropolitan Housing Corporation and oversight by GMHC of monies belonging to the Holland Neighborhood. After speaking to this reader at length on the phone, I am simply...
...going to print the email verbatim, leaving off the reader's name.
Other readers can judge for themselves and if further information comes my way about the situation or if there is informative commentary, then this blog post will serve its purpose.
I am sympathetic but not taking sides. I do think, however, something smells rotten in Denmark and nobody loves to investigate the cheese as much as this blogger, so here's the email, verbatim, which concerns a messy and upsetting situation with a "forgivable" loan.
Home Loan Program Update: Sean reported that GMHC exceeded the Forgivable Loan Program budget by $12,338.77 without HNIA’s authorization. Adelheid will draft a letter to the NCR to express the Board’s concern regarding the issue. The HNIA board of directors and staff will look into transferring the housing loan programs to Center for Energy and the Environment. The board will reexamine alternative options at the January board meeting.