New ECHO Housing Director Chris Metz Speaks About EPD Investigation
ECHO Housing Corporation officials are teaming up with financial crimes officers from the EPD.  They’re hoping to get to the bottom of the organization’s finances after former Executive Director Stephanie Tenbarge allegedly misused funds. Metz says he is fully cooperating with the EPD during this very difficult time. Meanwhile – Evansville City Council is set to vote on an ordinance to withhold roughly $460,000  from ECHO housing until the investigation is complete. $300,000 of that is slated for the construction of the Garvin lofts, while $80,000 allocated for the low-income housing development Lucas Place – and another $80,000 was set aside for the Promise Zone. Metropolitan Development Executive Director, Kelly Coures says, “We’re certain that our funds have all reimbursed legitimate expenses for ECHO because of the processes that we have in place but the ordinance is talking about money that we won’t even receive until September. So I’m hoping that council will take a hard look at that.â€
Metz also wants his ECHO housing clients to know their housing will not be impacted in any way because of this investigation. Metz explains, “The residents and the clients served by ECHO’s programs are certainly our priority and the main thing that we want to communicate to them today is your house is not in jeopardy and your services are not in jeopardy. The ECHO Housing Corporation will continue to do the work ECHO Housing Corporation does.†The Evansville City Council is scheduled to vote on the ordinance come April 9th.
Is “a lot of moving parts” code speak for “a lot of problems”?
Mr. Coures should be concerned about the apparent lack of internal controls at ECHO. His statement that any defalcations occurred before the anticipated current appropriation of the Council is ridiculous. Kudos to Mr. Weaver and Mr. Elpers in their actions.
Why hasn’t the feds been notified? These funds originated for the Community Block Grant which is Federal. Evansville is acting only as a conduit. And, who was the accounting firm that audited ECHO, if any?
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