The City of Hoschton has been awarded two Georgia Environmental Finance Authority (GEFA) loans totaling $20 million for its wastewater treatment plant and a new force main to discharge to Indian Creek. City officials anticipate starting the two-phase project by the end of the year. The first phase will expand the city’s wastewater treatment facility
Two months ago, Jacksonville ranked in personal finance company WalletHub’s top 10 U.S. cities where residents are the most financially stressed. Just last week, Florida ranked in Forbes Advisor’s top 10 states where it’s most difficult for residents to save money and the Miami metro area ranked in the top five metro areas where it’s
The college closed down after paying a settlement to the Justice Department. The Department of Education announced another round of student loan forgiveness, canceling the debts of students previously enrolled at any Art Institute campus from 2004 onward. The Art Institute, a nationwide for-profit college, closed all of its campuses after paying the Justice Department
Written by Miami Today on May 7, 2024 Advertisement A Norwegian fish-farming complex that plans to produce at build-out 1 billion servings of salmon a year near Homestead at what would be the world’s largest aquaculture facility is to get a $250 million loan boost via industrial revenue bonds up for approval by county commissioners
The Pomeranc family is facing financial troubles at its Sixty LES Hotel. A $23 million collateralized loan obligation on the 141-key hotel at 190 Allen Street was reported as non-performing this month, according to CRED iQ. The loan was not paid off at its extended maturity date of April 6, according to the commercial real
Normal Mayor Chris Koos has moved slightly off of his generally free market stance on development projects that could reduce the community housing shortage for mid-tier workers. Koos, speaking on WGLT’s Sound Ideas, said he’s now thinking about low interest buy-downs of loans to get housing projects started, if a project meets the needs of
DETROIT LAKES — The Detroit Lakes Development Authority agreed to change the interest rate on business loans they offer from 4% to the market rate of what primary lenders offer. During the Development Authorities’ monthly meeting on Tuesday, May 7, Community Development Development Director Larry Remmen said the current market rate is 6.75%. He explained
Sen. Ted Cruz, R-Texas, and Sen. Tom Cotton, R-Ark., on Monday announced a bill that would prevent student loan forgiveness eligibility for anyone convicted of a state or federal offense in connection to a college campus protest. What You Need To Know Sen. Ted Cruz, R-Texas, and Sen. Tom Cotton, R-Ark., and several more Republican
A nonprofit lender that supports developers building affordable housing announced Thursday it will loan $12 million to several projects in Ventura County. Housing Trust Fund Ventura County will make loans to Arrive Ventura and Valentine Road Apartments in Ventura, Citrus Flats in Santa Paula and Aspire Apartments in Oxnard. “For us to approve $12 million
In remarks regarding the growing unrest on college campuses nationwide last Thursday, President Biden denounced the violent acts associated with many of the demonstrations and the growing wave of antisemitism on college campuses. But, as the saying goes, talk is cheap. There’s one simple way to give his position teeth: Congress should enact legislation prohibiting