Part 3/12:
Audits and investigations reveal alarming figures: approximately $2.3 billion in homeless spending remains untracked and unaccounted for in Los Angeles County alone. Despite the enormous sums allocated—almost $2 billion in LA and additional hundreds of millions in surrounding counties—local officials cannot explain where this money has gone.
This lack of transparency has led to tangible consequences. For instance, last week, LA County voted to terminate funding for the Los Angeles Homeless Services Authority (LAHSA), leading to the resignation of CEO Dr. Vala Adams Kellum. The question on many minds is: How does nearly $2 billion just disappear?