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Alternative Business Loan Fund Recieves Department of Treasury Grant

first_imgCommunity Capital is one of 41 organizations nationwide to recieve a Technical Assistance Award from the U.S. Department of Treasury’s CDFI Fund. CDFIs – Community Development Financial institutions – are specialized organizations that respond to financial gaps in their local markets.Totaling $50,000, this grant will be used by Community Capital over the next two years to fund a variety of activities that will improve Community Capital’s ability to offer flexible and affordable financing and technical assistance to new and growing businesses that do not yet have access to traditional bank financing.Specific activities include: a tri-county market assessment for Orange, Lamoille, and Washington counties to identify unmet demand for alternative commercial financing, an internal organizational assessment conducted by CDFI industry leaders, board and staff training, strategic planning, and technology upgrades.Founded in 1995 as the Central Vermont Revolving Loan Fund, Community Capital has lent over $1.5 million in flexible and affordable loans to 58 micro and small businesses that are not yet able to qualify for a traditional bank loan. Almost half of those businesses have in turn benefited from over 1,000 hours of specialized post-loan business counseling, a unique program available only to borrowers of Community Capital.Other funding for Community Capital comes from the U.S. Department of Agriculture, the Vermont Community Development Program, and a variety of local bank and other private donations. For more information, contact Emily Kaminsky at 802-479-1053, ext. 263. Or, visit our website at www.cvcapital.org(link is external). Community Capital is a partner of Central Vermont Community Action Council.last_img read more

BLOG: MAP: A Look at the Wolf Administration’s Opioid Epidemic Outreach

first_imgLike Governor Tom Wolf on Facebook: Facebook.com/GovernorWolf SHARE Email Facebook Twitter BLOG: MAP: A Look at the Wolf Administration’s Opioid Epidemic Outreach Public Health,  Substance Use Disorder,  The Blog Over the past few months, Governor Wolf, Physician General Dr. Rachel Levine, and other members of the Wolf Administration, have made 27 stops to discuss the importance of battling the opioid abuse and heroin use epidemic in Pennsylvania and to advocate for $34 million to fight the opioid crisis in the final budget.Take a look at the map of their stops here:In 2014, nearly 2,500 Pennsylvanians died from a drug overdose. Heroin and opioid overdose are the leading cause of accidental death in Pennsylvania, killing more individuals each year than motor vehicle accidents.Governor Wolf and other members of his administration, including Secretary Tennis, Dr. Levine, Secretary Wetzel, Secretary Dallas, and Director of Homeland Security Marcus Brown, have held bipartisan roundtables throughout the state to discuss local and statewide efforts to lead the nation in combating the opioid abuse and heroin use epidemic. Fighting Pennsylvania’s opioid and heroin epidemic is a top priority for the Wolf Administration and these events have been an opportunity to work collaboratively with the General Assembly and community leaders to ensure that Pennsylvania leads the nation in the fight to combat the opioid abuse and heroin use crisis.In addition to the governor’s community roundtables, Dr. Levine has been stopping at pharmacies in order to remind Pennsylvania residents and pharmacists that a doctor’s prescription is not needed to obtain the life-saving opioid overdose antidote drug naloxone. Last October, Dr. Levine signed a standing order that makes it possible for all Pennsylvania residents to access the life-saving drug naloxone.center_img June 21, 2016 By: Darwin Paz, Digital Assistantlast_img read more

NCAA extends eligibility for spring student-athletes due to the coronavirus

first_imgOn Sunday, student-athletes from the Student-Athlete Advisory Committee representing various Power Five schools released a joint statement to recommend an extra year of eligibility for all spring athletes as well as winter athletes who did not get the chance to compete in championship play.  Schools will be able to use the NCAA’s Student Assistance Fund to pay for scholarships for the student-athletes who choose to return for their extra year of eligibility. The ruling does not offer extended eligibility to winter athletes, including seniors and those who missed out on championship competition due to the coronavirus pandemic. “We are aware that eligibility relief presents extreme challenges for universities and the NCAA. Our job is to stand up for what we believe is right and fair for athletes,” the SAAC statement read. “Now, more than ever, it is imperative for our college athlete community to unify and support each other by standing up for what accurately represents the unified voice of college athletes.” “The Council’s decision gives individual schools the flexibility to make decisions at a campus level,” chair of the NCAA Division I Council M. Grace Calhoun said in a statement Monday. “The Board of Governors encouraged conferences and schools to take action in the best interest of student-athletes and their communities, and now schools have the opportunity to do that.” Spring student-athletes whose last year of eligibility would have been 2019-20 are not guaranteed their full scholarship next year. Schools will decide how much aid they will provide those athletes on an individual basis, ranging from the full amount they received this year to no aid at all. NCAA spring athletes will be given an extra year of eligibility, the NCAA Division I Council announced Monday. In addition, baseball programs will see their roster limit expanded from 35 to a currently unspecified number. Baseball is the only spring sport with a roster limit. USC lacrosse senior attacker Hope Anhut, who is also the president of the Trojan Athletic Senate, shared her thoughts on the NCAA’s decision Monday night via USC Women’s Lacrosse on Twitter.center_img USC athletic director Mike Bohn expressed his approval of the decision in a statement on Twitter Monday night. “The last several weeks have been difficult for our student-athletes, especially the more than 50 spring sport student-athletes confronted by expiring competition eligibility,” the statement read. “I’m pleased that within three weeks of the decision to cancel spring sport championships the NCAA Division I Council voted to create the possibility for our spring sport student-athletes to compete with their teammates for an additional year. I want to thank President [Carol] Folt for partnering with me to advocate for student-athlete eligibility relief.” “The past few weeks have been filled with uncertainty for us all, but knowing that it’s now possible to represent USC on the field again is such a gift,” Anhut said. “We are all in this together, so please support each other and most importantly, stay safe and stay healthy. As always, it is an honor and a privilege to be a part of this [Trojan] family.” This story was updated on March 31 to reflect new information. The NCAA voted Monday to grant an extra year of eligibility to spring athletes whose seasons were cut short by the coronavirus pandemic. (James Wolfe / Daily Trojan) The NCAA Division I Council Coordination Committee had agreed to recommend eligibility relief for spring student-athletes on March 13, though until Monday, there had been no official ruling by the NCAA. The NCAA will also allow Division I rosters to carry more student-athletes on scholarship due to incoming recruits and athletes who had been in their final year of eligibility choosing to stay for another year.last_img read more