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NOLA Mismanaging HUD Funds

first_img HUD’s Office of Inspector General (OIG) released the results of its audit of the City of New Orleans’ HOME Investment Partnerships program, which reveals that the city failed to protect more than $7.5 million in HOME funds disbursed.The Inspector General’s investigation of the low-income housing program was launched in response to a “citizen complaint.” According to the audit report, the complaint had merit as New Orleans did not properly monitor or administer its HOME program.The OIG discovered that for the 13 projects investigated, the city “did not ensure that four projects had regulatory agreements, preventing the city from enforcing the affordability and other program requirements.”As for the remaining nine projects, the city failed to confirm that rents remained within rent limits, it performed initial tenant income eligibility certifications, and it conducted property inspections and onsite monitoring visits, according to the audit.In addition, the audit noted that the city did not track or accurately report unit vacancies and properly report and use its program income. These conditions occurred because New Orleans did not, “follow the program requirements, lacked supervisory management of staff, did not have adequate written policies and procedures, and had poor record-keeping practices.”This mismanagement of funds has caused the city to fail to detect $82,800 in rent overpayments; ensure that affordable housing was available and offered to low-income households, and ensure that programs participants lived in decent, safe, and sanitary housing, according to the report.The OIG recommends that HUD’s Director of the New Orleans Office of Community Planning and Development require the city to repay more than $1.8 million, support or repay more than $5.8 million, and revise its written procedures and management controls. Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post in Daily Dose, Featured, News About Author: Nicole Casperson Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / NOLA Mismanaging HUD Funds September 8, 2017 1,160 Views NOLA Mismanaging HUD Funds Demand Propels Home Prices Upward 2 days agocenter_img The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Nicole Casperson is the Associate Editor of DS News and MReport. She graduated from Texas Tech University where she received her M.A. in Mass Communications and her B.A. in Journalism. Casperson previously worked as a graduate teaching instructor at Texas Tech’s College of Media and Communications. Her thesis will be published by the International Communication Association this fall. To contact Casperson, e-mail: [email protected] Tagged with: HOUSING HUD mortgage NOLA The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago HOUSING HUD mortgage NOLA 2017-09-08 Nicole Casperson Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: The People vs. Equifax Next: Cleveland Federal Reserve: Be Careful with Rate Hikes Related Articles Subscribelast_img read more

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UK misses out on pastry title

first_imgThe UK team finished ninth in the 13th Coup du Monde de la Pâtisserie competition, held as part of the Sirha World Hospitality & Food Service Event at Eurexpo in Lyon, France.The team competed against 21 other nations in the international competition, which saw France scoop the top title for a record seventh time in a row, taking home a prize of €21,000 (£18,000) as well as a specially-designed trophy and gold medals.Japan and Italy were awarded second and third places, winning cash prizes of €12,000 (£10,300) and €7,000 (£6,000) respectively.Members of the UK team included Javier Mercardo, Nicholad Bouhelier and Nicholas Belorgey, alongside the Coup du Monde de la Pâtisserie’s UK president Martin Chiffers. The UK team won the top prize for their entry poster, featuring an SOS-style image entitled “Lost Worlds”.The competing teams were required to prepare products within a 10-hour period during the two day-long contest, including three chocolate desserts, three fruit-based ice-cream desserts and 12 identical plate desserts.Other creations included three artistic designs, measuring 1.25m high, made with sugar, chocolate and sculpted ice.last_img read more

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CDC, states weigh usefulness of school closures

first_img Public Health Seattle and King County, in its revised school closure guidance posted yesterday, said its policy change is an enhanced version of the approach it uses for seasonal influenza and is based on what is known about the new influenza virus and its spread. The guidance notes that the new strain, already spread widely, will continue for some time and that illness severity doesn’t appear to be greater than typical seasonal influenza. Schools that have a confirmed novel influenza case have three options: remain open with the individual isolated at home, close schools based on public health and community assessment, or close schools for a set number of days based on CDC guidance, which could change. Therefore, he said, the CDC is considering changing its advice from automatically closing schools to asking schools and parents to weed out sick children and individually send them home for at least a week. The CDC’s advice to close schools for 2 weeks has been “very aggressive—you may only get one chance to get out in front of a new infectious disease,” Besser said. But the rapid spread of the virus across the country, plus information from multiple locations that the spectrum of disease is about as severe as average seasonal flu, has caused the agency to reconsider. Besser said that, in those areas, parents are asked to check their children in the morning, and, if they are sick or are starting to feel a little sick, to keep them home for a full 7 days, even if they start to feel better before that period is up. In addition, schools and individual teachers are asked to take a close look at children as they arrive in the morning and to send them home if the school believes they are developing illness—for 7 days or until they are proven not to have flu. That procedure is already followed in Canada and in Seattle, which “asks people to really push hard on personal responsibility,” Besser said, and today Minnesota followed suit. Health and education officials in that state released updated school closure guidance that asks parents and teachers to identify and isolate children who have a fever and a recent onset of flu-like symptoms. Acting CDC director Dr. Richard Besser said in a press briefing that the virus is so widespread in the United States that “closing the schools as a means of not letting [the novel flu] spread through the community is not very effective.” “The fact that the novel influenza is currently behaving like regular flu does not mean we can relax,” said Sanne Magnan, MD, Minnesota commissioner of health, in a press release today. “Seasonal flu is a major health concern in its own right. It’s one of our leading causes of death, year in and year out.” As the outbreak progresses, laboratory diagnosis will identify a shrinking proportion of cases, as testing demand exceeds capacity and many people who have mild infections won’t see their doctors. “Closing schools where cases happen to be diagnosed while leaving most schools with undiagnosed cases open does not make sense as an ongoing influenza control strategy in our community,” the department said. May 4, 2009 (CIDRAP News) – The Centers for Disease Control and Prevention (CDC) signaled today that it will change its current recommendation—which is to close schools for at least 2 weeks when a confirmed case of novel H1N1 swine flu is found among students—as health officials in the Seattle area and Minnesota scaled back their guidance to reflect more of a seasonal influenza approach. “I would expect that as we get more information we will be looking to revise that guidance,” he said. Minnesota officials today unveiled similar guidance aimed at keeping students and staff with influenza symptoms out of schools, rather than routinely closing schools. They said in a statement that it’s not possible to identify every case of novel influenza, because the symptoms mimic those of other respiratory diseases. “We also know that we have other acute viral respiratory infections circulating in Minnesota,” they said in the statement. Public Health Seattle and King County has several tools for schools and parents on its Web site, including a guide for parents on when to keep a child home from school, a flu symptom checklist, and advice on how to care for someone who has influenza. “Individualized school closure based on reports of diagnosed cases is less effective, in addition to being impractical, as a control measure,” the Seattle-King County health department said. However, officials added that, consistent with seasonal influenza policy, some schools might be closed if large numbers of students or faculty become ill. Minnesota officials also said they are developing enhanced school-based surveillance for influenza-like illnesses.last_img read more

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N.Korean women faced torture, rape, malnourishment in detention, says UN report

first_img“I did not sleep and worked because I did not want to be beaten. It was excruciating to a level that I even attempted to commit suicide,” one woman was quoted as saying.North Korea did not immediately react to the report but it has previously called criticism over its human rights record a “plot to overthrow” its regime.Another woman recalled one of her first nights in detention in 2010 when she was raped by an officer.”He threatened that … I would be humiliated if I rejected him. He even told me he could help me to be released sooner if I did as he said,” she said.Gathering information in isolated North Korea is notoriously difficult, and the report acknowledged the lack of access to the country limited the agency’s ability to verify the interviewees’ accounts.Daniel Collinge, a UN human rights officer who co-authored the report, said the project was aimed at putting pressure on Pyongyang to improve the situation, while urging other countries not to deport defectors who risk their lives to achieve freedom and prosperity.South Korea’s Moon Jae-in government, which is trying to improve ties with the North, recently came under criticism after revoking the licenses of defector groups and banning their campaigns to send anti-Pyongyang propaganda leaflets across the border. Topics : North Korean women detained in prison camps suffered from torture, rape and other forms of “multiple and serious” violence by security and police officials, a UN human rights report said on Tuesday, citing accounts from over 100 women.The women, detained between 2009 and 2019 after failing to flee the country, recounted in interviews with UN investigators in Seoul after their release, how they were deprived of food, sleep, daylight and fresh air while in the detention centers and prison camps.Many also said in the report titled “I Still Feel The Pain” that they were subjected to torture, invasive body searches, forced abortions and even rape by authorities there. All of the women eventually managed to defect to South Korea.last_img read more

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MerryMart IPO bookbuild runs until May 22

first_imgMerryMart Consumer Corp. will proceed with its IPO since MerryMart is in the COVID-19 pandemic resilient non-discretionary basic essential retail category.  The IPO listing is slated on June 15, 2020.  The Philippine Stock Exchange has approved the IPO offering of MerryMart Consumer Corp. The pricing is up to P1 per share and price will be set by May 22. MerryMart intends to focus only on non-discretionary essential segment, because the discretionary side of retail is expected to be soft moving forward, and higher value and non-essential discretionary retail is also shifting to the foreign owned e-commerce channels.  MerryMart Consumer Corp. do not have any exposure in the discretionary retail businesses such as the modern department stores, which are closed and do not generate revenues during the ECQ.  MerryMart will be ready to secure more superior prime locations around the country, and attract more good talents to join its team after the ECQ as there may be a lot of good prime sites to be available nationwide.  MerryMart Group currently operates seven branches. It has several more branches ready to open after the enhanced community quarantine (ECQ) is lifted, and will keep its target to open the 100th MerryMart branch on or before December 2021 next year. center_img “We are confident that the MerryMart IPO will provide both the retail and institutional investors an opportunity to be able to invest and spread their portfolio in a resilient sector and also enable them to invest at an early stage of MerryMart’s planned hyper growth in the coming years,” said MerryMart chairman Edgar “Injap” Sia II The underwriter of the MerryMart Consumer Corp IPO is PNB Capital./PN “Just like Mang Inasal and DoubleDragon, our team and myself will pour in the passion, determination, focus and hard work towards the goal of MerryMart, another company that will grow rapidly and eventually become strong, durable and relevant for many generations,” added Sia. THE MerryMart Initial Public Offering (IPO) bookbuild will run until May 22, 2020. Once MerryMart is listed, it is expected to be the second listed retail company that has pure non-discretionary retail in its portfolio.last_img read more

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Leaders Belfast rout Stars

first_imgElite League leaders Belfast Giants romped to a 7-1 victory over Dundee Stars at the Odyssey Arena. Futher goals for Garside and Mike Kompon made it 6-1 heading into the final period, where Robby Sandrock wrapped things up for Belfast. Braehead Clan recorded their fourth league win after thumping Scottish rivals Edinburgh Capitals 4-0 at the Murrayfield Ice Rink. There was late drama at the National Ice Centre, where Fife Flyers edged out Nottingham Panthers 4-3 after penalties. Goals from Ray Sawada, Mark Garside and defenceman David Phillips in the first period put the Giants in control. Darryl Lloyd added another at the start of the second, before Igor Gongalsky pulled one back for Dundee. center_img Press Associationlast_img read more

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USC routs Colorado in historic fashion

first_imgUSC’s offense has remained a point of contention for a sizable portion of the team’s fan base throughout much of the season.The No. 10 Trojans either rely too heavily on their passing game, or coach Lane Kiffin is too conservative by calling for running plays in situations that scream for a throw, the critics insist.Unparalleled · Though only playing a little more than a half, junior wide receiver Robert Woods passed Dwayne Jarrett on USC’s career receptions list after hauling in eight receptions for 132 yards and four touchdowns. – Carlo Acenas | Daily TrojanBut they were largely silenced Saturday. Senior quarterback Matt Barkley threw for 298 yards and six touchdowns to set a school and Pac-12 record for career touchdown passes, as USC (6-1, 4-1) ran past an overwhelmed Colorado team, 50-6.With the victory, the Trojans, following a two-year postseason ban, are also bowl eligible for the first time since the 2009 season.“The sky wasn’t falling,” said Kiffin during his post-game news conference. “Matt can still throw. He’s pretty good.”That much was evident. Barkley’s career total for touchdown passes now stands at 102, moving past former USC signal caller and 2004 Heisman Trophy winner Matt Leinart, who had thrown for 99 during three seasons from 2003-06. Finishing 19 of 20, Barkley’s 95 percent completion rate also broke the conference record, previously held by former UCLA quarterback Rick Neuheisel.“It’s special, it’s an honor,” Barkley said. “I’ll take credit, but I mean, I’ve been here for four years so hopefully we put some production up.”Of his six touchdown tosses, four of them safely landed in the hands of junior wide receiver Robert Woods on plays of 39, 29, 17 and three yards over a span of just 2 1/2 quarters. Barkley’s 17-yard touchdown toss also marked a significant milestone for Woods, his 217th career catch, breaking the school’s all-time receptions record previously held by Dwayne Jarrett.The third-year wideout finished with eight catches for 132 yards against the Buffaloes (1-6, 1-3).“I grew up watching all those receivers ever since I understood USC football,” said Woods, whose four touchdown receptions also marked a single-game school record. “As I accomplished what I did today, I don’t see myself above them, I just see myself being a part of them as an elite group. I just want to follow in their footsteps, to be a great receiver at USC.”USC, as a group, looked elite as well. And the squad looked fast, perhaps as the result of its use of a no-huddle, quicker-paced offense for much of the contest.Barkley’s first touchdown, a 55-yard strike to sophomore wide receiver Marqise Lee, went over the middle of the field on the team’s second play from scrimmage just 50 seconds into the game. And by the nine-minute mark of the first quarter, the Trojans already led 19-0, energizing an announced sellout crowd of 83,274 at the Los Angeles Memorial Coliseum.On the afternoon, the Trojans would finish with 458 yards of total offense, with 340 of them through the air, carving up an inexperienced and rattled secondary. The 50 points were also the highest single-game scoring total of the season.“I don’t care what pace we actually play at,” said Lee, who finished with six catches for 103 yards and one touchdown, “as long as we do what we need to do when it’s time to do it.”But as prolific as USC was offensively, it was again plagued by penalties. Entering the game, the team ranked 124th — dead last, in the Football Bowl Subdivision — in penalties per game with 10. On Saturday, the Trojans were penalized nine times for 90 yards, allowing the Buffaloes to keep some of their drives alive.During the first quarter, on Colorado’s first drive of the game, redshirt freshman Anthony Sarao was called for a personal foul penalty, helping the Buffaloes inch further downfield all the way to the 21-yard line before an ill-advised throw by quarterback Jordan Webb was intercepted by senior safety Drew McAllister in the end zone. On the day, USC forced six turnovers, including two other interceptions and three recovered fumbles.Later in the half, freshman defensive tackle Leonard Williams was penalized and subsequently ejected for punching a Colorado offensive player — classified as a flagrant foul that will be subject to review by conference officials, according to a school spokesman. It was not, though, deemed  “fighting,” which would warrant an automatic suspension.Though replays failed to establish what prompted Williams’ punch, teammates said Williams claimed he was spat on.  The penalties and Williams’ outburst prompted Kiffin to lecture his team on discipline before the Trojans retreated to the locker room for halftime.“We looked really undisciplined,” Kiffin said. “I felt bad for our fans, I felt bad for our former players. It was taking away from a really special day.”Next weekend, USC travels to Tucson to square off against Arizona. With three of its five remaining games to be played at the Coliseum, it will be the last time the Trojans leave Southern California during the regular season.“We play one week at a time,” Kiffin said. “We go out of L.A. for the last time this year. We have to get back to work.”last_img read more