Juneau Project Didn’t Comply with HUD Rules and Regulations

HUD audited Gruening Park Apartments, a 96-unit apartment complex in Juneau, Alaska, that’s owned and operated by the Alaska Housing Development Corporation, to determine whether the owner administered the project and its programs in compliance with its regulatory agreement and other HUD requirements. HUD chose this project because its cash position—at negative $294,058—was significantly deficient.

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