No Halo News · Sourced development
Federal complaint alleges Home At Last founder diverted more than $7.5 million in public homelessness funds
The U.S. Justice Department charged founder Michael Young with wire fraud, alleging that he used sham vendors, forged records and self-dealing transactions to divert more than $7.5 million from publicly funded homelessness programs. Prosecutors alleged that money went toward unrelated real estate, a nightclub, travel and vintage vehicles. The Justice Department said Home At Last received more than $118 million in public funds and that the Los Angeles Homeless Services Authority canceled its contracts in June 2026.
Status matters. This page records a sourced development, not a completed No Halo investigation. An allegation is not a finding. Dismissals, settlements, judgments, corrections and final outcomes remain distinct.
Donor relevance
Why this matters
The allegations concern large-scale diversion and related-party transactions involving money intended to house vulnerable people, raising major stewardship, internal-control and public-contracting concerns.
Attribution
Who reported or established this
The allegations were made by federal prosecutors in a criminal complaint announced by the U.S. Attorney’s Office for the Central District of California.
Evidence limits
What remains unverified
No Halo has not established that the allegations are true, the final amount of any loss, whether other officers or directors were involved, or the outcome of the criminal case. Young is presumed innocent unless proven guilty.
Right of reply
Organization response
No response from Home At Last or its board was located in the consulted Justice Department and independent news material.
Classification
How No Halo records this event
Event type: Complaint. Current state: Open. No Halo preserves the current procedural state rather than treating every mention as a finding.
Published September 16, 2026 · Last verified September 17, 2026. See an error or a later outcome? Submit a correction or right of reply.