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Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.

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HUD: CARES funds requirements and flexibilities

HUD Secretary Carson yesterday announced alternative requirements and flexibilities for the $3.96 billion provided to states and units of local government for the Emergency Solutions Grants Program under the CARES Act (ESG-CV):

  • New eligible activities for ESG-CV funds and annual ESG allocations used to prevent, prepare for, and respond to coronavirus, including new types of temporary emergency shelters and landlord incentives.
  • Discretion beyond what is permitted in the ESG regulations for ESG-CV funds and annual ESG allocations used to prevent, prepare for, and respond to coronavirus, including paying for hotel costs for individuals currently being assisted by ESG or CoC programs as necessary to quarantine or isolate.
  • Extending the obligation deadline for recipients, and establishing revised expenditure deadlines for ESG-CV funds.

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