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US suspends funding for US Virgin Islands' housing authority and accuses it of corruption
The U.S. government suspended funding for the U.S. Virgin Islands' housing authority due to an investigation revealing widespread corruption, financial mismanagement, and improper payments. The housing authority has spent only $570,000 of $1.9 billion in disaster recovery funds nearly nine years after Hurricane Irma and Hurricane Maria, with HUD accusing it of being an 'abysmal steward of taxpayer funds.'
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