Homer G. Phillips Ground Lease Financial Accountability

At a glance

Based on auto-generated captions; names and figures may be misheard.

• What: Questions about audited financial statements, unaccounted money and recoupment under the ground lease of the Homer G. Phillips Senior Apartments.
• Where it stands: Raised by Alderwoman Tyus and others on October 6, 2026; the departing leaseholder said payments were made and audits were no longer required after 2020. Related: Homer G. Phillips Senior Apartments Ground Lease Assignment (BB 80).

Sources

• 2026-10-06 - Housing, Urban Development & Zoning Committee

Log

• 2026-10-06 - Housing, Urban Development & Zoning Committee - Raised by Alderwoman Tyus and others on October 6, 2026; the departing leaseholder said payments were made and audits were no longer required after 2020. Related: Homer G. Phillips Senior Apartments Ground Lease Assignment (BB 80).
• 2026-09-25 - Board of Aldermen - The alderwoman from the 12th said up to $131 million is unaccounted for and she wants reports; her statement at the meeting.