Episode Details

Portland’s housing authority thought they’d slashed their deficit in half—only to discover they were way off: the real gap is $31 million, not $13.8 million. The error? Old leadership failed to track monthly voucher costs accurately, inflating their budget picture. Now, interim leadership and a New York consultant are confronting the mess, warning recovery will take years—not a quick fix—and may include tough cuts. This misstep underscores how vital precise financial oversight is for agencies managing public funds and vital housing services.

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