Money Management – Civilav Med http://civilavmed.com/ Sat, 05 Mar 2022 09:50:33 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://civilavmed.com/wp-content/uploads/2021/04/default-150x150.png Money Management – Civilav Med http://civilavmed.com/ 32 32 Are Installment Loans the Right Choice For You? https://civilavmed.com/are-installment-loans-the-right-choice-for-you/ Sat, 05 Mar 2022 09:45:02 +0000 https://civilavmed.com/?p=3829 Are you in search of a solution to make cash faster? Have you heard about installment loans? You might be more aware of these loans than you realize! Learn more about what installment loans work and if they’re the right choice for you. Instalment loans DefinedThe installment loans are a form of loan that allows you to take […]]]>

Are you in search of a solution to make cash faster? Have you heard about installment loans? You might be more aware of these loans than you realize! Learn more about what installment loans work and if they’re the right choice for you.

Instalment loans Defined
The installment loans are a form of loan that allows you to take out a loan and then repay it over time. It’s an excellent option when you require money in a lump quickly and prefer to repay it via several installments instead of in one go.

What is Installment Loans? work
The process for getting the installment loans is straightforward and is especially easy at loans! Learn how to get a loan in just 3 steps:

  • Step 1: Go to your local shop and apply for the loan of up to $2,500.
  • Step 2: Upon approval, you’ll receive your funds.
  • Step 3: Next you must make re-payments to your loan , and once you’ve paid it off, you’ll be able to ask for more funds.

The advantages of installment loans
The most sought-after type of loan since it’s convenient and offers many advantages like:

  • No Credit checks: It doesn’t matter your credit score because your credit score does not determine whether you are eligible to get an installment loan.
  • There is no collateral: You don’t need to worry about losing your possessions like your home or car when you don’t pay the payments on time, like you would with an installment loan.
  • Flexible Payment Schedule: The biggest advantage to installment loans is the re-payment timetable. The installment loan is paid on time rather than having to pay the loan to the lender on your next payday, like payday loans.
  • Freedom Mortgages are used to finance your home. Student loans are used to pay for school costs. An installment loan may be used for any item you wish! When you need money or have a financial crisis or wish to treat yourself, the choice is yours.
  • The maximum amount of loans is $2,500. The amounts of loans are controlled through the states. To determine the amount you can apply for, check rates and terms section of your state.

How to apply to get Installment Loans
You could request an installment credit, with no credit checks at your local! store. We have stores across Alabama, Oklahoma, Mississippi and Tennessee.

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Should You Use the Extended Repayment Plan for Your Student Loans? – Councilor Forbes https://civilavmed.com/should-you-use-the-extended-repayment-plan-for-your-student-loans-councilor-forbes/ Tue, 09 Mar 2021 10:58:00 +0000 https://civilavmed.com/should-you-use-the-extended-repayment-plan-for-your-student-loans-councilor-forbes/

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors.

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For anyone who is struggling to make their student loan repayments, the appeal of an extended repayment plan is obvious. By extending the repayment period, those intimidating payments become much more manageable, leaving you more room in your budget to manage your other financial responsibilities.

But as with almost all types of loan restructuring, this relaxed schedule comes at a cost. It’s important to know what you’re giving up with this trade-off and what your other options are, so that you can choose a repayment strategy that fits your lifestyle and plans for the future.

What is the extended repayment plan?

The extended repayment plan is an alternative for borrowers who are trying to lower their monthly payments. it stretches student loan repayments over 25 years. There is no loan forgiveness available with an extended repayment which is different from other repayment options like the Revised Pay As You Earn (REPAYE) plan or the Income Based Repayment Plan (IBR).

Borrowers will pay more interest overall on the extended repayment plan than on the 10 year standard plan, so only those who have problems with their monthly bills should choose this option.

For example, a borrower with $ 40,000 in loans and $ 50,000 in annual income will pay $ 66,904 total with the fixed extended repayment plan and $ 73,146 with the extended progressive repayment plan. They will only pay $ 51,915 on the IBR or REFUND plan.

Payments can be fixed or progressive. Those who work towards Public service loan discount (PSLF) are not eligible to use the extended repayment plan.

Borrowers must have at least $ 30,000 in loans outstanding to be eligible.

Types of eligible student loans

The following types of federal loans are eligible for extended repayment:

Perkins loans are not eligible for extended repayment, but borrowers can consolidate their Perkins loans into a direct consolidation loan. This makes them eligible for extended reimbursement.

How the extended repayment plan works

The extended repayment plan offers both fixed and progressive payments. The fixed payments remain the same throughout the life of the loan, while the progress payments increase every two years during the life of the loan.

the official loan simulator of the Department of Education shows how much you will pay each month as part of the extended repayment plan with fixed and step payments.

Monthly payment example

Let’s say you have $ 35,000 in direct unsubsidized loans with an interest rate of 4.3%. Under the standard 10 year plan, you would pay $ 359 per month and $ 43,124 in total over the life of the loan.

If you switch to the extended fixed repayment plan, you would pay $ 191 per month and $ 57,177 in total. That’s $ 14,000 more than the standard plan.

Those using the extended phased repayment plan will have a monthly payment of between $ 125 and $ 331. The total amount paid would be $ 62,524, almost $ 20,000 more than the standard plan.

Here’s how the payments would increase every two years:

Extended repayment plan vs. Extended progressive repayment

The monthly payment plan is the same for the duration of the extended repayment plan, while payments under the extended phased repayment plan gradually increase every two years.

Progress payments are designed for low-income borrowers who are expected to increase steadily, such as a new employee in a high-growth industry or a medical resident. Borrowers end up paying more interest with progress payments than fixed payments.

Benefits of the extended payment plan

  • Lower monthly payments. The extended repayment plan cuts monthly payments, allowing borrowers to stay up to date on their loans.
  • Available for most borrowers. Almost all types of federal loans are eligible for the extended repayment plan, including PLUS and FFEL loans.

Disadvantages of the extended payment plan

  • More interest. The most obvious downside to the extended repayment plan is the increased interest that comes with a 25-year term. It becomes more pronounced with more debt. If you owe $ 60,000 in student loans, you will reimburse a total of $ 79,310 under the standard plan. If you choose the extended repayment plan, you will repay $ 114,248 with fixed payments and $ 124,131 with progressive payments.
  • No loan forgiveness. Unlike other repayment plans, there is also no loan forgiveness option. If you owe $ 85,000, you will pay back the full amount, plus interest.
  • Eligibility rules. Anyone wishing to benefit from the PSLF is not eligible for the extended repayment plan. You must also have at least $ 30,000 in federal loans to be eligible.

Alternative student loan repayment plans

Alternative federal loan repayment options include:

  • Progressive repayment plan. the progressive repayment plan differs from the extended phased repayment plan, but it also offers lower initial monthly payments. Payments increase every two years. There is a 10-year term for all loans except Direct Consolidation Loans and FFEL Consolidation Loans, which can last from 10 to 30 years. Borrowers who need smaller upfront payments and don’t want a long term may prefer this plan to the extended phased repayment plan.
  • Revision of compensation as you earn (REPAYE). Monthly payments on TO REIMBURSE are limited to 10% of your discretionary income and are reassessed annually. REPAY is available for Direct Loans, Direct PLUS Loans to Students, and Direct Consolidation Loans that do not include PLUS (Direct or FFEL) Loans to Parents. Borrowers with undergraduate loans will have their balances written off after 20 years, and those with graduate or vocational loans will have the balance canceled after 25 years.
  • Income Based Reimbursement (IBR). Payments under IBR will be 10% or 15% of your discretionary income. It depends on when the loan was first disbursed. Eligible loans include Direct Loans, Stafford Loans, PLUS Student Loans, and Consolidation Loans which do not include Direct or FFEL PLUS Loans to Parents. Like other income-tested plans, payments can change each year depending on the size and income of your family. The spouse’s income will only count if you file taxes jointly.
  • Income Based Reimbursement (ICR). Reimbursement based on income is available for Direct Loans, Direct PLUS Student Loans, and Direct Consolidation Loans. The monthly payment is the lesser of 20% of your discretionary income or the amount you would pay each month on a 12-year fixed repayment plan. Payments are assessed on an annual basis and may change based on your income, family size, and remaining loan balance. The balance is returned after 25 years.
  • Income Based Reimbursement (ISR). the income sensitive plan is only one option for FFEL loans including Federal Stafford Loans, FFEL PLUS Loans, and FFEL Consolidation Loans. Direct loans are not eligible. The Income Based Program has a 10 year repayment schedule and payments vary based on your income. This reimbursement method is not eligible for the PSLF because it is only available for FFEL loans, which are not eligible for the PSLF.
  • Standard repayment plan. Borrowers who can afford high monthly payments should stick to the standard 10-year repayment plan. This plan has the lowest total interest rate and the payments are fixed for the term of the loan.

Before switching to a plan with an easier monthly payment, first check if there are any expenses that you can cut from your budget. A lower payment might seem like a temptation right now, but you might end up regretting that decision if it affects your ability to qualify for a mortgage or take out a small business loan in the future.

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Madison Realty Capital Provides $ 165 Million Loan to https://civilavmed.com/madison-realty-capital-provides-165-million-loan-to/ Tue, 09 Mar 2021 10:58:00 +0000 https://civilavmed.com/madison-realty-capital-provides-165-million-loan-to/

NEW YORK, November 23, 2020 (GLOBE NEWSWIRE) – Madison Real Estate Capital, a New York-based real estate private equity firm focused on debt and equity investment strategies, today announced that it has secured a $ 165 million loan to develop a 451-unit multi-family project located in 1252-1270 Boylston Street in the Boston neighborhood surrounding Fenway Park. The project will be developed by Boston-based Scape North America, a vertically integrated global owner, developer and operator of multi-family and university housing, Suffolk Construction will serve as the general contractor and Gensler as the architect.

Conveniently located near the many educational and medical institutions that make up Boston’s rapidly growing biotechnology and life sciences industry, the 291,000 square foot project will include approximately 20,000 square feet of retail space. retail on the ground floor. The state-of-the-art building will offer furnished studios, one and two bedroom units well suited to the growing employment base in Fenway’s submarket.

“Boston continues to experience remarkable growth in life sciences, healthcare and technology, but faces a shortage of residential options for the growing workforce and significant barriers at entry for new residential construction, ”said Josh Zegen, senior director and co-founder of Madison Realty Capital. “This project will ensure that workers in these sectors as well as young, high-level professionals graduating from major Boston universities have access to affordable and much-needed housing options in the highly desirable Fenway neighborhood.” This $ 165 million 70% loan-to-cost ratio loan is emblematic of Madison Realty Capital’s commitment to collaboration and execution amid times of significant market upheaval. We look forward to working with this top-notch team, including Scape North America, Suffolk Construction and Gensler, on a major project in the Boston area.

“We are delighted to partner with Madison Realty Capital on our flagship Boston project, which will bring affordable housing to the Fenway neighborhood,” said Andrew Flynn, CEO of Scape North America.

This is Madison Reality Capital’s second investment in Boston, following $ 314 million in construction funding granted to the Raffles Boston Back Bay Hotel & Residences in July 2019.

About Madison Realty Capital (MRC)

Madison Realty Capital (MRC) is a New York-based real estate private equity firm specializing in debt and equity investment strategies, with regional offices in key markets including Los Angeles and Dallas. Founded in 2004, MRC has completed approximately $ 13 billion in transactions in the multi-family, commercial, office, industrial and hotel sectors. The company manages investments in the United States on behalf of a global investor base. MRC is a fully integrated company with over 60 employees across all disciplines of real estate investment, development and property management. Among other industry accolades, MRC was named to the Commercial Observer’s prestigious “Power 100” list of New York City real estate players and is consistently cited as one of the industry’s leading construction lenders.

Media inquiries, contact
Nathaniel Garnick / Grace Cartwright
Gasthalter & Cie.
(212) 257-4170
madisonrealty@gasthalter.com

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7% of borrowers on track to never pay off student loans, new report finds https://civilavmed.com/7-of-borrowers-on-track-to-never-pay-off-student-loans-new-report-finds/ Tue, 09 Mar 2021 10:57:59 +0000 https://civilavmed.com/7-of-borrowers-on-track-to-never-pay-off-student-loans-new-report-finds/

The JPMorgan Chase Institute recently published some alarming statistics on the current state of student debt in the United States.

They estimate that about 7% of borrowers will probably never be able to repay their student loans.

“American families carry more than $ 1.5 trillion in student loan debt,” say the authors of the research, led by Diana Farrell of the JPMorgan Chase Institute. “This debt has provided many with the opportunity to pursue higher education, but remains a significant, potentially crippling financial burden for others.”

What is most disturbing is that the debt burden disproportionately affects minority groups. They estimate that 13% of black borrowers are on track to never repay their student loans, and that minority groups are two to three times more likely than whites to never have made a repayment on their loans.

“Black borrowers appear to experience more difficult student loan debt circumstances compared to white borrowers based on all of the metrics we explored: payment load, payment assistance received, default, deferral rate, and delay in payment. reimbursement, ”say the researchers. “So, as presently constituted, the credit markets for student loans threaten to amplify rather than narrow the disparities in racial wealth between the generations.”

This, of course, defeats the fundamental purpose of education, which is to provide a path to financial stability for people from all walks of life.

To come to this conclusion, the researchers assembled a dataset of more than 300,000 Chase chequing account customers who had unpaid student debt or were making student debt payments. They linked data from Experian’s credit bureau to these people’s bank data, which allowed researchers to explore key attributes of loan holders such as income, student loan repayments, inception date. of the loan, the age of the account holder and, in some cases, race and ethnicity.

All of this data paints a grim picture of America’s student debt crisis, and a particularly grim picture for minority borrowers.

What can be done to fix the problem? One obvious solution is to curb rising tuition fees. But that’s only part of the story. The biggest problem, according to the researchers, is the high degree of income and wealth inequality that exists between whites and minorities.

“Black borrowers are more likely to face a student debt ‘trap’, in part because they have lower incomes and assets and possibly fewer people in their network who may be able to help. reimbursement when they need help. »Say the researchers.

At this point, researchers report that about 40% of those involved in student loan repayments help someone pay off their student loans, with most caregivers not having student loans themselves. In other words, paying off student loans is a “family affair”.

Here, minority borrowers are again at a significant disadvantage: only about 19% of blacks and 26% of Hispanics fall into the category of “assistants,” or someone who has made payments for a student loan but does not have loan themselves.

Researchers believe that targeted debt assistance programs could also be expanded to help ease the burden on existing student loan borrowers.

The analysis revealed other notable characteristics of student loan holders, including:

  1. the middle age number of student loan holders was 39.
  2. the median income of student loan holders amounted to approximately $ 56,000 / year.
  3. The quantity of cash held by student loan holders was estimated to be around $ 3,600.
  4. the median loan balance was approximately $ 14,500.
  5. the median installment loan balance was approximately $ 107,000.

Data and numbers aside, it’s important to remember that the effects of excessive debt are as much psychological as they are financial. A recent to study published in the Journal of Experimental Psychology found that student loan debt was associated with lower levels of life satisfaction more than other types of debt such as mortgages and credit card debt.

“Consumers are less satisfied with life when they carry debt that they mentally qualify as debt,” say the researchers, led by Adam Greenberg of Bocconi University. “While consumers rightly view their student loans as debt, they are less likely to label their mortgage or credit card balance as debt. For this reason, although they represent the largest debt, mortgages are less related to consumer satisfaction in life than student loans; and although they represent some of the costliest debts, credit card balances are less tied to consumer satisfaction than student loans.

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A priest shot dead in church in France, the attacker at large https://civilavmed.com/a-priest-shot-dead-in-church-in-france-the-attacker-at-large/ Tue, 09 Mar 2021 10:57:58 +0000 https://civilavmed.com/a-priest-shot-dead-in-church-in-france-the-attacker-at-large/

Top line

A Greek Orthodox priest was shot dead in a church in Lyon, France on Saturday by an unknown assailant who then fled, according to police, this latest attack causing concern, it is linked to the murders which took place near a church in Nice on Thursday, which the mayor of Nice called a “terrorist attack”

Highlights

The priest was would have shot twice in the abdomen and is in a local hospital with fatal injuries

There was a gunman in the attack, who used a shotgun.

The priest, a Greek citizen, was close the church, around 4:00 p.m. local time at the time of filming.

Police blocked off the area around the church and authorities said they had locked down part of the city to search for the assailant.

The motive for the shooting is not yet known, but the attack comes just two days after a the woman was beheaded and two other people were killed in a church in Nice, France.

Key context:

The man arrested for the killing in Nice, a 21-year-old Tunisian national named Brahim al-Aouissaoui is currently in police custody. Police shot Aouissaoui before arresting him, and he is now in critical condition. He was carrying a Koran and the knife used in the murders when he was captured. Aouissaoui is said to have shouted “Allahu Akbar” (“God is the greatest” in Arabic) during the attack. Two weeks earlier, Samuel Paty, a history professor, had been beheaded in a Paris suburb by Chechen refugee Abdulakh Anzorov, 18, in what French President Emmanuel Macron called an “Islamist terrorist attack”. Paty had would have showed caricatures of the Prophet Muhammad of Islam to his students while discussing free speech.

Critical citation:

“No theory is privileged, no theory is excluded”, declared the mayor of Lyon Grégory Doucet told reporters On Saturday. “We do not know at this stage the motive for this attack.”

Further reading:

Woman beheaded, two others killed in suspected terrorist attack in France, gunman killed in other incident (Forbes)

Orthodox priest shot dead in church in France; fleeing attacker (PA)

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Stocks to watch: Adani Ports, Ircon Int’l, Airtel, HDFC, PNB Housing Fin https://civilavmed.com/stocks-to-watch-adani-ports-ircon-intl-airtel-hdfc-pnb-housing-fin/ Tue, 09 Mar 2021 10:57:57 +0000 https://civilavmed.com/stocks-to-watch-adani-ports-ircon-intl-airtel-hdfc-pnb-housing-fin/

Shrewd futures on the Singapore Stock Exchange traded 256 points, or 1.67% lower, at 15,039, indicating a start of a gap for benchmarks on Thursday.

Here are the main actions likely to be highlighted today:

Ports of Adani: On Wednesday, Adani Ports and Special Economic Zone, headed by Gautam Adani, announced the acquisition of Windy Lakeside Investment’s 31.5% stake in Gangavaram port for Rs.1954 crore. Windy Lakeside Investment is a subsidiary of global private equity firm Warburg Pincus.

Ircon International: Ircon’s Offer to Sell (OFS) was oversubscribed from the first day of issue by institutional investors. The issue will open to retail investors today. The government sells up to 16% of the capital at a floor price of Rs 88 per share in the PSU Ircon railway.

Bharti Airtel: The company raised $ 750 million through the issuance of “Senior Unsecured Fixed Rate Notes” to eligible investors.

Care assessments: The company announced the appointment of Sachin Gupta as Chief Rating Officer. Gupta joins the company after leaving his biggest rival Crisil, where he worked as a senior manager.

Bajaj Electricals, Mahindra Logistics: The two companies have signed a logistics optimization and outsourcing contract worth over Rs 1,000 crore for the next five years.

Indian Bank: CRISIL has revised Indian Bank’s Tier 1, Tier 2 and Infrastructure Bonds ratings from “negative” to “stable”.

HDFC: Mortgage firm HDFC also cut its interest rate offer on Wednesday, making credit 0.05% cheaper for its customers. “Top clients” with good credit histories will now be able to get new loans at 6.75% after the cut, regardless of the amount of home loans, officials said.

IRCTC: The company will be making trips through Golden Chariot starting March 14.

Mazagon Dock shipbuilders: The company will commission the 3rd Scorpene Karanj submarine on March 10 and have started sea trials of the first Visakhapatnam ship of the P-15B project, due for delivery later this year.

Housing Financing GNP: India Ratings revised the company’s NTM outlook to “Negative” from “Stable”, while affirming the rating as AA.

Bombay Burmah Trading Corp: The promoter Nowrosjee Wadia And Sons sold 3.61 lakh shares or 0.52% of the capital at Rs 1,186.30 per share.

Indian oil: The company plans to monetize its hydrogen production facilities to raise around Rs 10,000 crore, according to a news report.

GE Shipping: Great Eastern Shipping said it purchased a used Supramax bulk carrier of approximately 56,103 dwt. Japanese ship built in 2013 is expected to join the company’s fleet in the first quarter of fiscal 22

VST tillers: VST Tillers Tractors has entered into a share purchase agreement for investment in Series A preferred shares of Zimeno Inc. The recipient company is in the process of developing an electric self-driving tractor.

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Applications open for new round of COVID-19 relief loans for CSRA businesses https://civilavmed.com/applications-open-for-new-round-of-covid-19-relief-loans-for-csra-businesses/ Tue, 09 Mar 2021 10:57:57 +0000 https://civilavmed.com/applications-open-for-new-round-of-covid-19-relief-loans-for-csra-businesses/

AUGUSTA, Ga. (WRDW / WAGT) – CSRA Business Lending, an Augusta-based nonprofit small business lending agency, has received $ 3.7 million grant to provide COVID-19 relief loans to businesses of the region.

The agency has funded more than 825 commercial and industrial projects in Georgia and South Carolina for a total of more than $ 723 million.

The grant came from the Economic Development Administration (EDA) to provide COVID-19 relief loans to businesses in the region affected by the COVID-19 crisis.

The loan proceeds can be used for working capital, limited debt consolidation, and other capital assets needed by businesses that can demonstrate a credit history prior to the COVID-19 crisis. CSRA can also consider new projects and extensions.

Due to expected demand and limited funding, applications can only be accepted for a limited time and will be reviewed using a scoring system adopted by the CSRA Board of Directors.

All applicants are requested to upload an application, then scan and send all required application documents to Loans@csrardc.org or via a secure file submission which can be found on the CSRA Business Lending website or they can drop off their completed application at the CSRA offices at 3626 Walton Way Extension, Suite 300, Augusta, GA 30909.

Copyright 2020 WRDW / WAGT. All rights reserved.

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Residents of Malden and Pine City wait to rebuild as federal aid stops https://civilavmed.com/residents-of-malden-and-pine-city-wait-to-rebuild-as-federal-aid-stops/ Tue, 09 Mar 2021 10:57:56 +0000 https://civilavmed.com/residents-of-malden-and-pine-city-wait-to-rebuild-as-federal-aid-stops/

Almost three months after a wildfire destroyed 80% of homes in their small town, the people of Malden are still waiting for crucial help from the federal government.

Babb’s fire ravaged Malden and neighboring Pine City on September 7, leaving the two towns at the north end of Whitman County virtually uninhabitable. Governor Jay Inslee has called on President Donald Trump to declare the fire a major disaster. This designation would send millions in aid from the Federal Emergency Management Agency to provide temporary housing and help residents rebuild.

Scott Hokonson, a member of Malden City Council who lost his home in the fire, said many residents of Malden and Pine City were already in financial difficulty and did not have insurance when the fire hit swept their cities.

“They are the ones who are waiting for this statement from FEMA,” Hokonson said. “We are waiting for FEMA, we are waiting for the president, we are waiting for something to happen.”

Gerry Bozarth, a Spokane County emergency management specialist who is on loan to Whitman County to work on disaster relief in Malden, said he has already gone through the process of obtaining a designation FEMA disaster disaster three times and knew how fluid the schedule can be. Yet, he said, this delay is surprising.

“It was completely different,” said Bozarth. “It has been an incredible delay from the three presidential-declared disasters that I have been through in the past 14 years. “

The entire Washington Congressional delegation called Trump to accede to Inslee’s request, and three weeks later the governor broadened his request to include more limited aid for nine counties that were burnt down in a wildfire season that devastated Western states . Trump said the fires in Oregon were a major disaster on September 15 and in California a month later, but Inslee’s September 16 request has gone unanswered so far.

A spokeswoman for Representative Cathy McMorris Rodgers said the Republican, whose district includes Whitman County, has been in contact with FEMA.

“Cathy continues to urge the administration to support this request for a disaster declaration and is in regular communication with FEMA for updates,” spokesman Jared Powell said in a statement. “She encourages Governor Inslee and other state and local officials to put the same pressure on the administration so that we can provide support to communities in eastern Washington who desperately need it.”

Washington Senator Patty Murray said she also lobbied the White House to approve Inslee’s request.

“After the heartbreaking devastation in Malden and across the state during this unprecedented wildfire season, the community clearly cannot wait for the help it should have received weeks ago,” said Murray, a Democrat, in a statement. “The Trump administration must act now to grant a declaration of major disaster and provide those who have lost their homes, property and businesses the relief they desperately need, and I will continue to push them to do so.”

Senator Maria Cantwell, also a Democrat from Washington, echoed calls for urgent help.

“The town of Malden has been completely destroyed by wildfires this year, and the community needs help getting back on their feet,” Cantwell, a Democrat, said in a statement. “A federal declaration of disaster will bring vital funds to the community so families and small businesses can begin to recover – the Trump administration must stop delaying and approve this request immediately.” “

Hokonson said he was intrigued by the delay, even as elected officials are pushing the administration to release federal aid.

“This is followed by a lot of people,” he said. “Our state, federal, public, private and elected partners are all following this. They are all very worried as they watch this. It gets a little weirder every day.

Hokonson said that until the President makes a decision, survivors of the fire cannot apply for other assistance to which they may be entitled if they are not eligible for individual assistance through FEMA, like loans through the Small Business Administration.

“It would give people an avenue,” he said, “But we can’t go down that avenue until we hear yes or no.”

Casey Katims, director of federal and interstate affairs at Inslee, said the governor’s team recognized residents of Malden and Pine City were in limbo until Trump made a decision on the request.

“We have contacted the White House to reiterate its assistance in moving these demands forward,” Katims said in an email. “We share the concern of affected communities that response and recovery efforts cannot move forward until a decision is made. Our office will continue to pressure the Trump administration to authorize the aid Washingtonians so urgently need. “

In an email, a FEMA spokesperson only said Inslee’s application was still under review.

While Trump was slow to respond to Inslee’s request, FEMA authorized separate grants to help fight the fires on September 8, a week before the governor’s plea.

Laurie Holien, director of the Homeland Security and Emergency Management program at Idaho State University, said these “fire management assistance grants” – though intended for an entirely different purpose – could be a factor. in FEMA calculations and advice to the President.

“It’s a rare situation to have a wildfire that qualifies for a major disaster declaration, just because they already have these other grants in place,” said Holien, former deputy director of the forest management office. emergency department who previously worked for FEMA.

Inslee’s letter called for help for individuals and households in Whitman County, as he asked for a separate form of help that can only be used for cleaning up debris and for protective measures. emergency for Whitman and eight other counties – Douglas, Franklin, Kittitas, Lincoln, Okanogan, Pend Oreille, Skamania and Yakima.

“Federal dollars from FEMA are funded by taxpayers across the country,” Holien said. “It becomes very difficult to justify that taxpayer dollar funding helps individuals rebuild themselves, especially if they live in an area that is frequently damaged by forest fires. “

In deciding whether to recommend to the president to declare a major disaster, Holien said, FEMA deducts the amount already spent through the fire management assistance grants from what the agency estimates the total cost of the damage, by calculating a threshold based on factors such as state and county population. .

“With Oregon you have a lower population index, so reaching that damage per capita threshold was probably easier,” she said. “And with California, very large, extensive damage that was probably a little easier to document, due to the extent of the fires.”

“Those mid-range where you have to wait for all the dust to settle and all the bean counters to complete their preliminary damage assessments might take a little longer,” Holien said. “They can still quite possibly reach that threshold and be able to receive this funding; However, I don’t know how long it will take.

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Should someone travel for fun during COVID-19? 5 rules for a responsible road trip https://civilavmed.com/should-someone-travel-for-fun-during-covid-19-5-rules-for-a-responsible-road-trip/ Tue, 09 Mar 2021 10:57:56 +0000 https://civilavmed.com/should-someone-travel-for-fun-during-covid-19-5-rules-for-a-responsible-road-trip/

Should someone be traveling for fun right now? That’s the question that comes to my mind as we enter the sixth month of quarantine here in the Bay Area of ​​California. When our local shelter was commissioned, I had just returned from Austin, Texas, and before that, Mexico City. I had previously booked trips to Maui, Punta Mita, Denver, and Portland. As a full-time freelance writer and coffee sensory analyst, I traveled at least once a month for work in 2019, not to mention family vacations. So when the pandemic struck, I immediately felt deprived, just like so many people whose plans were disrupted. But there was so much more at stake, so we all crouched down and started doing our part to flatten the curve. In many ways, taking shelter in place was easy because it was clear what we should and should not be doing. Yes to the grocery store (masked and distanced), yes to food delivery and hiking on the great trails. No to restaurant meals, games and close visits with people outside your immediate family. Then, a few months later, things got confused.

As different cities across U.S. states entered new phases of openness at different times (and with varying degrees of success), the Bay Area tiptoed into reopening territory. Al fresco dining has been allowed again, wine tasting rooms in neighboring counties have welcomed visitors, and hotels have rolled out new disinfection measures to ensure safety. But what is it really reasonable to do with the confidence that your behavior is safe and responsible, both in terms of protecting your own health and that of your community, especially the most vulnerable among us? ?

In the Bay Area, as elsewhere, business suffers greatly and restaurants are among the hardest hit. It seems established that ordering take out is relatively safe and that supporting the local economy by purchasing take out food is a positive contribution, as well as a way to take an evening off in the kitchen. What are the parallels of travel? Can we continue to responsibly enjoy the pleasures of travel while supporting hotels, restaurants and attractions that might not otherwise survive the pandemic? Here are five guidelines for getting out of dodging safely and responsibly.

1. Travel by car only

While all of the anecdotal evidence points to planes being cleaner than they have ever been, it would be a logical error to conclude that they are safe choices for recreational transportation during a global pandemic. This argument could be debated elsewhere, but I’ll skip it right away as false controversy, and will immediately say: Travel by car is the only way to travel safely and responsibly during the COVID-19 pandemic. But not all road trips are created equal. They should be close enough to your home that you don’t have to carry your germs all the way down the freeway to public washrooms on your route. Do you have children who pee a lot? Pack a 16-ounce solo mug for in-car emergencies – or better yet, take the time off the road for a shot in the woods. And remember not to leave any trash.

Pack a cooler with house lunch, cold drinks, and fresh fruit. Pack a dry bag for non-perishable snacks, napkins, utensils, and anything else you might want or need along the way. Pack another bag with all your electronics fully charged (of course). The idea is that you don’t want to stop along the way. If you need gas, remember to have disposable gloves handy, along with your mask and hand sanitizer, and resist the urge to go inside and buy. a Kit Kat.

2. No dining room inside

In many countries, eating indoors is not an option, but even where it is, you should. choose to dine out or have take out rather. Why? Even if a space is large and well ventilated, think about the risks servers face day in and day out in high traffic dining rooms. You can support local restaurants without putting workers at risk. It’s as easy to do on the road as it is at home.

If you do decide to dine at a restaurant, choose to sit outside and determine the facility before committing. Are the tables spaced? Are the waiters wearing masks and practicing social distancing? Do other customers seem to be following the safety guidelines? If you continue, don’t forget to remove your mask when your server passes. It’s a strange thing to remember, but it quickly becomes habitual.

3. Check your hotel’s cleaning protocols

The best hotels and resorts provide full disclosure of their cleaning protocols, and some upgrades to existing systems in place are impressive. I only drive in and around the Bay Area, and have encountered superior attention to detail typically overlooked before COVID. Tahoe Luxury Properties uses ultraviolet light sanitizing wands in all of its rental homes to sanitize soft items that don’t easily get tossed in the washer, such as pillows, sofas, and comforters. The Anderson Valley Madrones provide security by reserving only one group of visitors per accommodation per week, which will likely mean that your accommodation will be empty for some time before you arrive and after you leave, which will allow time for the remaining germs to dissipate. And Bernardus Lodge & Spa has spent $ 50,000 on staff training and PPE to make this hostel-style property, already ready for social distancing due to its many open spaces, even safer for guests – including a dedicated pool attendant, removal of reusable printed material such as menus, newspapers, and magazines, and no housekeeping as long as guests are in the room.

4. Ignore housekeeping

Yeah, I know we go to the hotel for others to clean up after us, but the truth is we don’t really need turndown service or clean towels every day. Choose to have your bedside chocolate delivered to the door and then ask for the specific supplies you need, rather than inviting housekeepers into your space. It will be better for them and for you to provide more distant services.

5. Additional tip

Extra tip, anyway. Because times are hard, and it’s a gift to be able to leave your home right away, to leave safely and responsibly to clear your head, take a new look, change your perspective. People working in the hospitality industry take risks to pay their bills, and supporting the companies that employ them also takes their well-being into account.

You can still enjoy the pleasures of travel if you are vigilant about the safety of yourself and others. Getting from here to there takes a little more planning and time, but the mindfulness that comes with being responsible for your actions will benefit everyone in the long run. And it will also allow you to relax, breathe deeply and have a real vacation.

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AP-NORC Poll: Many Americans Still Face Financial Loss From COVID-19 https://civilavmed.com/ap-norc-poll-many-americans-still-face-financial-loss-from-covid-19/ Tue, 09 Mar 2021 10:57:54 +0000 https://civilavmed.com/ap-norc-poll-many-americans-still-face-financial-loss-from-covid-19/

About 4 in 10 Americans say they are still feeling the financial impact of losing a job or household income, as the economic recovery remains uneven a year after the start of the coronavirus pandemic.

A new poll from the Associated Press-NORC Center for Public Affairs Research provides further evidence that the pandemic has been devastating for some Americans, while leaving others virtually unscathed or even in better shape, at least when it comes to their lives. finances. The outcome often depended on the type of job a person had and their level of income before the pandemic.

The pandemic has particularly affected black and Latino households, as well as young Americans, some of whom are currently going through the second major economic crisis of their adulthood.

“I just felt like we were in a more difficult position already, so (the pandemic) kind of threw us even further underground,” said Kennard Taylor, a 20-year-old black student at Jackson College. Taylor lost her job as a waiter in the campus cafeteria in the first weeks of the pandemic and struggled to pay her rent and car while continuing her education. He had to return to live with his family.

The poll shows that about half of Americans say they experienced at least some form of loss of household income during the pandemic, including 25% who experienced a layoff and 31% who say a household member had to move on. less hours. Overall, 44% said their household had suffered a loss of income due to the pandemic which still impacted their finances.

The survey results are consistent with recent economic data. According to the Department of Labor, about 745,000 Americans applied for unemployment benefits the week of February 22, and about 18 million Americans are still registered as unemployed.

Thirty percent of Americans say their current household income is lower than it was at the start of the pandemic, while 16% say it is higher and 53% say there has not been. no change. About half of those who suffered some form of loss of household income during the pandemic say their current household income is lower than it was.

The poll results reflect what some economists have called a “K-shaped recovery,” where there have been divergent fortunes among Americans. Those with office jobs were able to switch to working from home while those who worked in hard hit sectors such as entertainment, catering, travel and other industries continued to struggle. The poor have struggled to recover financially from the rich, and black and Latino households have not rebounded as well as their white counterparts.

Logan DeWitt, 30, kept his government job during the pandemic because he was able to work remotely. But his wife, a childminder, lost her job and after months of looking for a new one, she returned to school. Their financial situation was further complicated by the fact that their first child was born in the first months of the pandemic.

“We planned to buy a house. We had to give up on that idea and got together in one car. We cook a lot at home and buy in bulk, ”DeWitt said.

About 1 in 10 Americans say they haven’t been able to make a housing payment in the past month due to the pandemic, and about as many say it’s a credit card bill . Overall, about a quarter of Americans report being unable to pay one or more bills in the past month.

Thirty-eight percent of Hispanics and 29% of black Americans have been made redundant in their households at some point in the past year, compared to 21% of white Americans.

This recession has also been particularly hard on young Americans. Forty percent of Americans under 30 report lower incomes now, compared to March 2020. About 4 in 10 were scheduled for fewer hours. About a quarter say they have quit their job. Many millennials who experienced the Great Recession early in their adulthood are now experiencing another major financial crisis.

Congress set to finalize Biden administration decision $ 1.9 trillion stimulus package this includes helping many Americans and businesses who are still feeling the impact of the pandemic. Timing is crucial – many relief measures adopted at the start of the pandemic, including unemployment benefits, will end in the coming weeks.

Things are not as dire as they were at the start of the pandemic for some Americans, in part because of previous actions by Washington. Plus, lifestyle changes – fewer restaurant meals, fewer trips, no live entertainment – have made it possible for some Americans to make their financial lives healthier. In the survey, about 4 in 10 people say they saved more money than usual, and about 3 in 10 paid off their debts faster than usual.

Tracie Jurgens, 44, works in the trucking industry. Jurgens said his income evaporated in the first weeks of the pandemic as demand for truckers plummeted. Jurgen’s boss was able to secure a loan through the Small Business Paycheck Protection Program, which he used to buy new equipment in the summer as things started to pick up.

“I don’t know what I would have done if he hadn’t had another truck,” she said.

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