Mismanagement of the New Jersey Housing Finance Agency

During the course of this investigation, the HFA’s Executive Director, William Johnston, a subject of the inquiry, resigned and a new reform administration was put in place. After the issuance of the SCI’s initial report in March 1981, certain HFA personnel discussed in the report resigned or were dismissed and new procedures for processing housing projects were instituted. The Commission’s investigative findings, also contained in a December 1982 final report, were submitted to various prosecutorial authorities.

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