This is the part nobody wants to say out loud. The money wasn’t mismanaged, it was routed exactly where they wanted it to go. Homeless people were just the excuse, the real product was a fat paycheck and a clean paper trail. There is fraud everywhere now, and nobody ever seems to pay for it.
FRAUD 🚨 California gave taxpayer money to a company meant for the homeless
The “company used $11.6 million in city funds to pay a security company IT OWNED. With executives pocketing nearly $400,000 from that arrangement”
“One NGO head paid himself $1,000,000 in a year.”… pic.twitter.com/xc2u248smV
— Wall Street Apes (@WallStreetApes) December 24, 2025
“Homelessness is my #1 priority” – Gavin Newsom, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025 https://t.co/85I64syc1T pic.twitter.com/KIKNXWwsGi
— Kevin Dalton (@TheKevinDalton) December 23, 2025
Audit finds California spent $24B on homelessness in 5 years, didn’t consistently track outcomes
Updated on: April 9, 2024 / 4:02 PM PDT / AP
California spent $24 billion to tackle homelessness over the past five years but didn’t consistently track whether the huge outlay of public money actually improved the situation, according to state audit released Tuesday.
With makeshift tents lining the streets and disrupting businesses in cities and towns throughout California, homelessness has become one of the most frustrating and seemingly intractable issues in the country’s most populous state. An estimated 171,000 people are homeless in California, which amounts to roughly 30% of all of the homeless people in the U.S.
Despite the roughly billions of dollars spent on more than 30 homeless and housing programs during the 2018-2023 fiscal years, California doesn’t have reliable data needed to fully understand why the problem didn’t improve in many cities, according to state auditor’s report.