The Community Development Department’s monitoring review of the 2016 loan to Robideaux aide Marcus Bruno found it in likely default for lack of compliance with federal requirements and recommends the nonprofit board that awarded it either modify the loan agreement, call in the loan or pursue legal action.
Former Community Development head says Bruno’s loan warrants an investigation. The council is mulling one.
Former Community Development Director Phil Lank says a HUD-backed small business loan to mayoral assistant Marcus Bruno represents a conflict of interest.
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