Sean Hannity defends real estate holdings, says he helps communities that 'badly' need investment
by Katelyn Caralle
| April 23, 2018 12:00 PM
Fox News host Sean Hannity on Monday slammed reporters for noting his vast real estate holdings in several states, and said he has invested in areas of the country that desperately need help.
“It is ironic that I am being attacked for investing my personal money in communities that badly need such investment and in which, I am sure, those attacking me have not invested their money,†Hannity said in a statement.
Hannity's investments were revealed as part of the criminal investigation into President Trump's lawyer, Michael Cohen. Cohen's own lawyers revealed that Hannity is one of his clients, and the Guardian reported that Hannity is connected to shell companies that own tens of millions of dollars of property in seven states.
The Guardian suggested Hannity had some sort of supportive relationship from the Department of Housing and Urban Development. But Hannity said he has no control over where his money was invested.
“The fact is, these are investments that I do not individually select, control, or know the details about; except that obviously I believe in putting my money to work in communities that otherwise struggle to receive such support,†Hannity said in his statement.
“I have never discussed with anybody at HUD the original loans that were obtained in the Obama years, nor the subsequent refinance of such loans, as they are a private matter,†Hannity said. “I had no role in, or responsibility for, any HUD involvement in any of these investments. I can say that every rigorous process and strict standard of improvement requirements were followed; all were met, fulfilled and inspected."
“The LLC’s are REAL companies that spend real investment money on real properties,†Hannity said.
https://www.washingtonexaminer.com/news/sean-hannity-defends-real-estate-holdings-says-he-helps-communities-that-badly-need-investment