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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 takes over Michigan housing authority

HUD has announced that it has taken possession of the Highland Park (Michigan) Housing Commission's programs, projects, and assets to reverse years of financial mismanagement, increase occupancy rates, and improve physical conditions. Citing a decade of neglect, a high number of unit vacancies, poor physical condition of units and properties, and un-auditable financials and records, HUD will help the housing commission get on the right path and improve the quality of life for its residents.

Starting on May 10, a HUD Recovery Administrator began serving as the housing commission's board, and will make decisions needed to ensure decent and safe housing by:

  • Taking over fiduciary responsibilities, establishing internal controls, procurement actions, and repositioning strategies
  • Working with the existing third-party management agent, Continental Management, to perform day-to-day operations for its public housing program
  • Assessing options to reposition Highland Park Housing Commission’s public housing
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