Financial Management Support to Gary Housing Authority
Econometrica provided financial and asset management support to the Recovery Administrator and Executive Director for the Gary Housing Authority (GHA), in Gary, IN. GHA administers 1,969 low-rent units and 1,648 Housing Choice Vouchers. HUD placed GHA in administrative receivership in June 2013. From November 2014 to December 2016, Econometrica provided day-to-day operational technical assistance, training, and development of policies and procedures for GHA’s finance staff, and worked with GHA asset management staff to improve asset management functions through staff training and creation of a more effective information management and reporting solution that assisted GHA staff in managing its public housing inventory. Areas of improvement included reduced vacancies, more timely relocation of tenants, and better control over rehabilitation, demolition, and new construction projects.