February 29, 2024
Funds

Houghton Will Use $200,000 from the City’s ARPA Funds to Finish Work Along Lakeshore Drive

During the COVID-19 pandemic, the federal government sent emergency funds to states, counties, and municipalities across the country. In 2022 when the city of Houghton received its 800,000 dollars from the American Rescue Plan Act leaders said they would not spend funds quickly. Most of those funds have been used by the city to make

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Funds

Alternative Investments in Community Development: A Case Study of Pension Fund Investments in Multifamily Affordable Housing

Demand for affordable housing far outstrips supply. The New York Fed’s Community Development team is studying institutional investments in affordable apartments to understand how private capital investments may affect rents. Its latest publication on the topic, “Alternative Investments in Community Development: A Case Study of Pension Fund Investments in Multifamily Affordable Housing,” examines pension fund

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Funds

SOC professor holds private investment funds accountable with new book, ‘Hedged’

Mass layoffs and a drop in digital subscriptions continue to rock the news industry. Countless explanations exist for these issues, but the public often overlooks the culpability of private investment funds. Private investment funds are the focal point of Margot Susca’s new book, “Hedged: How Private Investment Funds Helped Destroy American Newspapers and Undermine Democracy.”

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Funds

How Hedge-Fund Allocators Are Tweaking Due Diligence on Multi-Strategy Firms

Evaluating a traditional hedge fund was once reasonably straightforward. You talk with the chief investment officer and a few of their senior staff, review trade history, debate their risk management philosophy, and maybe push them to lower fees. It was typically more about understanding the strategy — and there are plenty of esoteric ones in

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Funds

Priests protest Argentina government’s funding cuts for city slums

SÃO PAULO, Brazil – After President Javier Milei’s administration decided to cut funds for public works in poor neighborhoods and slums in Argentina, dozens of priests released a letter protesting the measure. A decree promulgated by Milei on February 23 radically reduced the share of a tax collected on the purchase of foreign currency that

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Funds

Japan PM Kishida apologizes for LDP political funds scandal

Japanese Prime Minister Fumio Kishida apologized Thursday for a political funds scandal involving his Liberal Democratic Party in front of a parliamentary panel on the issue. Prime Minister Fumio Kishida speaks at a session of the House of Representatives political ethics committee in Tokyo on Feb. 29, 2024. (Pool photo)(Kyodo) During a televised session of

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Funds

NIH funds study on neural mechanisms behind autism and sound sensitivity

Supported by a $2 million R01 grant from the National Institutes of Health, the Auerbach Lab at the Beckman Institute for Advanced Science and Technology will examine how different genes associated with autism spectrum disorders may similarly impact our brain’s neurons, resulting in heightened sensitivity to sounds. Autism spectrum disorders are genetically complex, and hundreds

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Funds

Chicago mayor pushed Sox for unified messaging amid stadium funding ask – NBC Chicago

As the Chicago Bears and White Sox both look for public funding for new stadium developments, newly obtained internal emails show that Mayor Brandon Johnson’s office pushed to publicly present a united front with the Sox after meeting with owner Jerry Reinsdorf in early January. The emails obtained via Freedom of Information Act request show

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Funds

Lincoln Acres flood victim to receive FEMA funds for home repairs

SAN DIEGO (KGTV) – A flood victim in Lincoln Acres says new approved funds from FEMA will cover about a third of her total loss. The recovery is coming along slowly at the home of Brenda Suarez, five weeks after flood waters swamped her neighborhood along Manomet Street in Lincoln Acres, along with her three-bedroom

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Funds

Virginia’s finance reform bill to prevent personal use of campaign funds defeated again – The Virginian-Pilot

RICHMOND  — Virginia lawmakers on Wednesday defeated for another year campaign finance reform legislation that would have prohibited elected officials from spending political donations on personal expenses such as mortgages, vacations or gym memberships. Virginia — which allows unlimited donations from individuals, corporations and special interest groups — is a national outlier for lacking such

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