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Bruce Greer

Who watches the low-income housing watchmen? (Part III)

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Now that the ink is dry on a federal criminal plea deal that put an end to a $36 million housing fraud, what will legislators do now to make sure it doesn’t happen again? To recap, federal prosecutors had alleged 70-year-old developer Lloyd Boggio of Carlisle Development Group and others defrauded the government out of millions. They did so by padding South Florida affordable-housing projects to get federal tax credits and grants, then keeping the excess. Last month, Boggio pleaded…

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Who watches the low-income housing watchmen? (Part II)

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Earlier this week, I wrote about “a South Florida swindle” that resulted in 70-year-old developer Lloyd Boggio copping a plea and agreeing to spend his golden years in a federal pokey. Federal prosecutors allege Boggio, Matthew Greer and others defrauded the government out of as much as $36 million by padding affordable-housing projects to get federal tax credits and grant monies, then keeping the excess. Boggio, co-founder of Carlisle Development Group, also agreed to turn over an initial $2 million in…

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Who watches the low-income housing watchmen?

in Peter by

A South Florida swindle that involved stealing money intended to put roofs over poor folk’s heads is spinning to an ignominious close. Lloyd Boggio, once head of the affordable-housing developer Carlisle Development Group in Miami, copped a plea Monday rather than face the full extent of the accusations against him. Those accusations are that he was one of several people who schemed to “pad construction costs of rental apartments (for lower-income residents) to generate higher government-issued tax credits for (the company) and…

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