Blogger Nancy Armstrong (MsPlacedDemocrat.com) reports that St. Louis, Missouri, gave a $100,000 grant to ACORN and that $82,000 of it is unaccounted for.

The money was given to ACORN for loan modifications, that is, to help struggling homeowners refinance their mortgages. ACORN reportedly charges $750 for each loan modified and says it has completed 24 of them, which means it is entitled to $18,000 from the grant.

Read more about it on Armstrong’s blog here.

Armstrong and I discussed the matter with G. Gordon Liddy on his show earlier today. (podcast here)

This entry was posted on Monday, June 29th, 2009 at 8:04 pm and is filed under ACORN, Podcast. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.