Story perspectives

HUD Suspends Virgin Islands Housing Funds Amid Kickback Scandal

7/21/2026

Summary

Story summary

HUD, directed by U.S. President Donald Trump’s administration, suspended funding to the Virgin Islands Housing Finance Authority pending investigation.
HUD Secretary Scott Turner cited mismanagement and a kickback scheme, noting audits showed 2% of single-family rentals and 19% of multifamily projects finished while $52.6 million went to admin costs.
Former chief operating officer Darin Richardson received a 36-month prison sentence after conviction for bank fraud, money laundering and $107,000 in kickbacks.

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Story summary

HUD, directed by U.S. President Donald Trump’s administration, suspended funding to the Virgin Islands Housing Finance Authority pending investigation.
HUD Secretary Scott Turner cited mismanagement and a kickback scheme, noting audits showed 2% of single-family rentals and 19% of multifamily projects finished while $52.6 million went to admin costs.
Former chief operating officer Darin Richardson received a 36-month prison sentence after conviction for bank fraud, money laundering and $107,000 in kickbacks.