The chief executive of the consulting firm running New York’s emergency rental assistance program told employees the company made “38 percent margins” on its contract with the state, triggering alarm among state officials, who called the chief executive statement’s “beyond troubling.”

Scott McIntyre, chief executive of Guidehouse, congratulated employees in a November presentation on doing a strong job of running the program and touted that the firm had earned $115 million in fees over six months, according to a video of the presentation obtained by The Washington Post.

“We’ve earned $115 million in six months, with 38 percent margins, and we have a significant extension that is currently pending,” he said in the presentation, which was recorded by the company and made available for employees to view online.

To continue reading the rest of the article, please click on the source link below:

https://www.washingtonpost.com/business/2022/01/25/guidehous-ceo-newyork-evictions/