Friday, May 24 2013 8:09 PM EDT2013-05-25 00:09:02 GMT
Biomedical Research Foundation has decided to move forward with a plan to operate and manage LSU Hospitals in Shreveport and other cities in Louisiana. More >>
Biomedical Research Foundation has decided to move forward with a plan to operate and manage LSU Hospitals in Shreveport and Monroe, Louisiana.More >>
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SOURCE The Wallick Companies
COLUMBUS, Ohio, Feb. 28, 2013 /PRNewswire/ -- Owners of The Wallick Companies, one of the Midwest's largest owner and manager of affordable housing, is urging both parties in Congress to work together toward a solution that would avoid the automatic across-the-board budget cuts triggered through the Budget Control Act of 2011. Leaders at Wallick today sent letters to the entire Indiana Congressional delegation urging action. The letter follows.
I am writing to ask you to oppose the automatic spending cuts – also called the sequester – due to go into effect on March 1.
As one of the Midwest's largest owner and manager of affordable housing, we will see the detrimental impacts of these upcoming cuts first hand. Nationwide, 125,000 families will be at immediate risk of homelessness due to cuts to HUD's Housing Choice Voucher Program.[i]
While this is bad news on its own, the sequester cuts also fail to appropriate sufficient funds to make contractual Section 8 payments. The effect of the insufficient funds to this program may not only leave many American's without housing options, but will leave owners without funding to pay their mortgages. In essence, HUD could be left with unpaid mortgages due to the number of Section 8 projects with HUD debt.[ii]
Beyond the cuts to housing programs, residents at our communities are helped by other federal programs that are due to be cut as a result of the sequester. These include nutrition assistance for women and children through WIC, Head Start and Early Start, nutrition assistance for seniors, childcare services, preventive childhood vaccines, special education, Title I education services for disadvantaged children, and job training programs, as well as several others.
Lives of Indiana's most vulnerable citizens – children and seniors – are put at serious risk with the sequester.
We would be happy to schedule a meeting to discuss this issue further, or if you would like to tour one of our communities to meet residents who would be adversely impacted by these cuts, please let us know. You may contact CEO Tom Feusse, directly, at 614-552-5605.
Thank you for your time and consideration.
CEO and Co-Owner
[i] source: "Impact of March 1st Cuts on Middles Class Families, Jobs and Economic Security: Indiana" issued by The White House [ii] source: "Implications of Inadequate Funding of Project-Based Section 8 Contracts and Rental Assistance Contracts for Rural Properties" developed by the National Leased Housing Association and its industry partners
CONTACT: Stephanie Tresso, 614-221-2885 x15; Tom Feusse, 614-552-5605
Friday, May 24 2013 10:59 AM EDT2013-05-24 14:59:20 GMT
(CNN) – Brad Pitt has become one of the most recognizable faces in Hollywood the last two decades. But the actor said recognizing other people's faces has always been a problem. In an Esquire interview,More >>
In an Esquire interview, Brad Pitt said he was convinced he suffered from "face blindness."More >>
Friday, May 24 2013 9:24 PM EDT2013-05-25 01:24:18 GMT
Concealed weapon permits are popular certain parts of Louisiana, though some of locations may surprise you. Louisiana Department of Public Safety officials gave a report to state legislators detailingMore >>
Concealed weapon permits are popular in certain parts of Louisiana, though some locations may surprise you.More >>
Dan Sligh and his wife were in their pickup truck on Interstate 5 heading to a camping trip when a bridge before them disappeared in a "big puff of dust."More >>
The trucker was hauling drilling equipment when his load bumped against the steel framework over an Interstate 5 bridge. He looked in his rearview mirror and watched in horror as the span collapsed into the water behind him....More >>