SF Nonprofit Faces Loss of City Funding Following Alleged Employee Misconduct

A major player in SF s affordable housing system is facing heightened city oversight after officials flagged alleged employee self-dealing and other financial concerns that could put millions of dollars in public funding at risk.The city s Controller s Office has assigned the Mission Economic Development Agency (MEDA) its most serious risk designation for city-contracted nonprofits, citing alleged unauthorized employee expenses and self-dealing, along with nine other financial concerns, as the Chronicle reports. The designation could lead to stricter oversight and the loss of millions in city funding if MEDA fails to address the problems.MEDA reported the employee s actions to city officials and said the former employee no longer works for the organization. In a statement, MEDA said it believes it was the victim of a crime and has taken steps to prevent a recurrence. The Controller s Office said MEDA has been working to address the concerns and could have its designation lowered or rem