LAS VEGAS — A federal agency says a Nevada nonprofit responsible for the state’s program to help homeowners struggling with mortgages violated its own policies and awarded contracts without competitive bids.
The Las Vegas Review-Journal reports the office of the special inspector general for the Troubled Asset Relief Program, an independent watchdog that targets institution crime, says the contractor running Nevada’s Hardest Hit Fund program recently awarded six-figure contracts without request for proposals, which is a violation of the contractor’s own policies.
The Nevada Hardest Hit Fund is administered by the Nevada Affordable Housing Assistance Corp.
Verise Campbell, the nonprofit’s CEO, says she will wait to review an official report from Christy Goldsmith Romero, the special inspector general for the Troubled Asset Relief Program, before commenting on the findings.
Information from: Las Vegas Review-Journal, http://www.lvrj.com