Who was on their Board of Directors? ***************************************************** Southside housing agency shuts down amid audit issues Steve Brandt, Star Tribune Published May 30, 2003 A key nonprofit housing group serving 10 south Minneapolis neighborhoods has decided to go out of business after getting its second critical state audit in three years.
Southside Neighborhood Housing Services has built, repaired and financed housing for people with low and moderate incomes in some of the South Side's most-challenged areas. Its board decided last week to end the 27-year-old agency as it faced another liquidity crisis and potential demands for repayment of some audited funds. Its North Side sister agency is taking steps to expand operations citywide. Late last year, Northside Neighborhood Housing Services had negotiated an agreement to take over Southside's assets but didn't sign the accord after a city official suggested it wait for the audit. Shawn Lewis, Field Neighborhood -- _______________________________________________ Sign-up for your own FREE Personalized E-mail at Mail.com http://www.mail.com/?sr=signup TEMPORARY REMINDER: 1. Don't feed the troll! Ignore obvious flame-bait. 2. If you don't like what's being discussed here, don't complain - change the subject (Mpls-specific, of course.) ________________________________ Minneapolis Issues Forum - A City-focused Civic Discussion - Mn E-Democracy Post messages to: mailto:[EMAIL PROTECTED] Subscribe, Unsubscribe, Digest, and more: http://e-democracy.org/mpls
