Not exact matches
Signed on Monday, the $ 2.7 billion spending plan — which calls for no tax increase in the county's general
fund — calls for using nearly $ 33 million from the county's sewer
stabilization fund, a reserve account created when Suffolk County taxpayers approved the Drinking Water Protection
Program via referendum in 1987.
Legislator Rob Trotta (R - Fort Salonga) said he would rather see the dollars currently in the sewer
stabilization fund — the section of the Drinking Water Protection
Program that would be borrowed from — used to build sewers to revitalize the county's downtown areas and update aging cesspool systems countywide.
Among the proposals in her «Rent Justice for All»
program are ending the preferential rent loophole, by which landlords can offer an apartment for less than the legal regulated rent but can revoke this privilege whenever the lease is renewed; expanding rent
stabilization statewide to buildings with six or more units, which is currently the law in New York City; and increasing
funding to the state's Homes and Community Renewal agency.
For 2014, under Mr. Bellone's watch, the county budget included $ 33 million from the
program's sewer
stabilization fund.
County Executive Steve Bellone signed a $ 2.7 billion spending plan last Monday, after the Legislature decided to use nearly $ 33 million from the county's sewer
stabilization fund, a reserve account created when Suffolk County taxpayers first approved the Drinking Water Protection
Program via referendum in 1987.
«The budget includes an undefined $ 150 million «
stabilization fund» along with several
funding categories earmarked for specific purposes such as pre-K and after school
programs,» said NYSSBA Executive Director Timothy G. Kremer in a statement.
These dollars were split into a few large categories: supersized spending for the Title I and special - education formula
programs, and a «state
stabilization fund» that essentially amounted to revenue sharing.
The lion's share of these ARRA education dollars was appropriated through the new $ 50 billion State Fiscal
Stabilization Fund (SFSF), a population - based
program created to expeditiously replenish education budgets decimated by declining tax revenue.
In addition to the
stabilization funds, $ 11.4 billion under the Title I, IDEA, Vocational Rehabilitation and Independent Living
programs was available on April 1.
In analyzing the
funds set aside to initiate new and improved
programs, The Salt Lake Tribune reveals that, in addition to directly targeted
funding (to special needs and low income students), states are also being individually provided with
stabilization funds.
Secretary Paulson announced a temporary
program through which the Treasury will use the $ 50 billion in the Exchange
Stabilization Fund to protect investors in money market mutual funds from any losses should their fund «break the buck» during the next y
Fund to protect investors in money market mutual
funds from any losses should their
fund «break the buck» during the next y
fund «break the buck» during the next year.
During the NAR 2010 Annual Conference and Expo, the Housing Opportunity Forum examined innovative
programs and partnerships to rebuild communities by leveraging Neighborhood
Stabilization Program (NSP)
funds.
REALTORS ® were critical in educating affordable housing advocates and localities on the use of Neighborhood
Stabilization Program (NSP)
funds to help revitalize communities.
• The Administration's Hardest Hit
Fund and Neighborhood
Stabilization Programs have fueled local foreclosure prevention efforts and market stability.
• Continue to sell expanded pools of defaulted mortgages headed for foreclosure through the Distressed Asset
Stabilization Program (DASP), offering investors and borrowers the opportunity to avoid costly foreclosures — and even giving homeowners an additional chance at staying in their homes — while reducing costs to the
Fund.
is made available beginning October 1, 2010, as is additional
funding for neighborhood
stabilization programs.
The Emergency Homeowners» Relief
Fund is made available beginning October 1, 2010, as is additional
funding for neighborhood
stabilization programs.