Audit: LA Lost Track of Billions in Homeless Funds

A new audit has found that the City of Los Angeles lost track of billions of dollars allocated for combatting homelessness, the Los Angeles Times reported Thursday.

U.S. District Court Judge David O. Carter commissioned the audit, which was conducted by Alvarez & Marsal Public Sector Services and filed with the court on Thursday.

The report outlines A&M’s difficulty in tracking how the city spent $2.3 billion in funding meant to shelter and feed the homeless due to the city’s poor record and data collection, which is managed by the Los Angeles Homeless Services Authority.

Read more at Newsmax© 2025 Newsmax. All rights reserved.