- Associated Press - Tuesday, April 7, 2015

PROVIDENCE, R.I. (AP) - The board chairman at Rhode Island Housing is stepping down after a little more than a year on the job.

The agency announced Tuesday that the resignation of Andrew L. Cortes would be effective immediately. Gov. Gina Raimondo will nominate a candidate to serve the remainder of Cortes’ term.

Cortes was nominated last year by former Gov. Lincoln Chafee, who said at the time the quasi-public agency needed new leadership.

Cortes says he agreed to serve as chairman during what he describes as a “period of transition” for the agency.

The agency has come under scrutiny recently after a federal audit revealed that the agency’s HOME Investment Partnerships Program, an affordable housing program, had mishandled federal housing funds.

The audit recommends the state repay more than $1.4 million.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.


Click to Read More

Click to Hide