LA Housing Manager Turns Homeless Funds Into Gucci and Greek Getaways
KEY POINTS
- •Alexander Soofer, manager of Abundant Blessings in LA, faces wire fraud charges for alleged misuse of homeless funds.
- •Investigators claim Soofer funneled at least $10 million into personal expenses including luxury goods and a property in Greece.
- •Despite billions in spending and numerous programs, California still struggles with homelessness, highlighting systemic inefficiencies.
Alexander Soofer, the lucky manager of LA's Abundant Blessings housing program, allegedly turned a $23 million homeless housing fund into a luxury runway from 2018 to 2025. While his staff subsisted on ramen, beans, and breakfast bars, Soofer pocketed at least $10 million, splurging wildly from a $475,000 Greek property to a $15,000 Hermès spree that included $1,250 Paris calf-skin loafers and a $2,450 trotting jacket befitting a European equestrian meme. His purchases also featured $47,000 at Restoration Hardware, $1,000 on cosmetic dermatology, and a four-night Vegas suite for $4,500. Meanwhile, SoCal still counts 187,000 homeless souls with billions spent and auditors calling most programs dubious. Talk about blessing the wrong Abundant!
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Nothing says 'helping the homeless' like treating public funds like your personal luxury shopping spree and a Grecian vacation fund.
LA official feeds his staff beans while flexing $15k Hermès like it’s a government-issued uniform.
Turns out homeless funding in LA doubles as a sparkly accessory budget and a real estate portfolio in Greece.
Source: Businessinsider | Published: 1/24/2026 | Author: Katherine Li,Katherine Tangalakis-Lippert
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