All Saints edges closer to sale amid administration fear

first_img whatsapp Monday 25 April 2011 10:57 pm All Saints edges closer to sale amid administration fear HIGH street fashion retailer All Saints is set to complete a sale to US private equity house Goode Partners by the end of this week, despite fears its creditors could put it into administration.Sources close to the process said the US firm was “leading the deal” to buy all of the ordinary shares in the company for more than £100m, as part of a consortium of buyers.But there are suggestions the retailer’s main lender, Lloyds Banking Group, has threatened chief executive Stephen Craig with the liquidation of his firm should the buyout deal fail.The bank, which provides All Saints with a £28.5m loan facility, was also said to have put KPMG on standby to initiate administration proceedings should talks fail. Talks are set to continue today between management and bankers over the future of the business.Craig told City A.M. last night there had been no threat of liquidation, adding that Lloyds had been “fantastic” throughout the sale process.He said: “It’s been a case study in relationship banking.“Where we’re at in the transaction is that I believe it will complete this week. If it doesn’t complete this week then, in my view, it’s only because of the Royal Wedding.”All Saints was put on the block after majority shareholders Kaupthing and Glitnir, the Icelandic banks that collapsed during the financial crisis, were forced to sell their assets by administrators.Retail mogul Kevin Stanford, who bought the fashion brand in 2003, also holds a “Z-share” in the business – a position that could net him 50 per cent of the value of the transaction.All Saints has more than 60 stores and almost 50 concessions across the UK, Europe, America and Russia. KCS-content Tags: NULL whatsapp Show Comments ▼ More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comKansas coach fired for using N-word toward Black playerthegrio.com Sharelast_img read more

Swan General Ltd (SWAN.mu) 2009 Annual Report

first_imgSwan General Ltd (SWAN.mu) listed on the Stock Exchange of Mauritius under the Insurance sector has released it’s 2009 annual report.For more information about Swan General Ltd (SWAN.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Swan General Ltd (SWAN.mu) company page on AfricanFinancials.Document: Swan General Ltd (SWAN.mu)  2009 annual report.Company ProfileSwan General Limited offers insurance services, including personal and corporate insurance. The company provides services that include life, car, home, health, travel, boat, property and liability, financial lines, motor fleet, marine, and keyman and partnership insurance products, as well as reinsurance services. Swan General Limited also provides loans; education, retirement, and investment plans; wealth management and securities trading services; and pension and actuarial services, pension administration, and investment advisory services. Life, casualty, and property are the segments through which the company conducts its business and is based in Mauritius. Swan General Limited is listed on the Stock Exchange of Mauritiuslast_img read more

Rogers & Co Ltd (ROGE.mu) 2012 Abridged Report

first_imgRogers & Co Ltd (ROGE.mu) listed on the Stock Exchange of Mauritius under the Industrial holding sector has released it’s 2012 abridged results.For more information about Rogers & Co Ltd (ROGE.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Rogers & Co Ltd (ROGE.mu) company page on AfricanFinancials.Document: Rogers & Co Ltd (ROGE.mu)  2012 abridged results.Company ProfileRogers & Co Limited is an international and investment services company  headquartered in Mauritius, that primarily focuses on operations in four markets which are, financial tech, hospitality, logistics and property where the company provides services such as fiduciary, outsourcing, and consulting services, such as tax advisory, captive insurance management, fund administration, and actuarial services, technology services, including integrated business solutions, cloud computing, unified communications and collaboration, and mobile and converged connectivity services and financial services. Rogers & Co Limited operates through the following segments, aviation, financial services, hospitality, logistics, property, real estate and agribusiness, technology, corporate office, and corporate treasury. Rogers & Co limited is listed on the Stock Exchange of Mauritius.last_img read more

Zambia Reinsurance PLC (PRIMA.zm) Q42020 Interim Report

first_imgZambia Reinsurance PLC (PRIMA.zm) listed on the Lusaka Securities Exchange under the Insurance sector has released it’s 2020 interim results for the forth quarter.For more information about Zambia Reinsurance PLC (PRIMA.zm) reports, abridged reports, interim earnings results and earnings presentations, visit the Zambia Reinsurance PLC (PRIMA.zm) company page on AfricanFinancials.Document: Zambia Reinsurance PLC (PRIMA.zm)  2020 interim results for the forth quarter.Company ProfileZambia Reinsurance PLC, formerly known as Prima Reinsurance is a wholly-owned reinsurance company providing products and solutions in the domestic and business sector in Zambia. The company underwrites classes of marine and non-marine reinsurances, which includes fire, motor, engineering, aviation, agricultural and work-related accidents. Reinsurance is the practice of insurers transferring portions of risk portfolios to other parties by some form of agreement to reduce the likelihood of having to pay a large obligation resulting from an insurance claim. The company is also licensed to reinsure life assurance products. Prima Re is fully-owned and promoted by a group of Zambian Professionals and entrepreneurs. It was incorporated in 2006 as a public limited company and was the first reinsurance company to enter the Zambian marketplace. Prima Reinsurance Plc is listed on the Lusaka Stock Exchangelast_img read more

The Joy of Giving

first_img The Anatomy of Fear Five Ways to Give with the Whole FamilyBy Simone Mets, author of Very Christmas Each year, we are teased earlier and earlier of the impending holiday season.  Then suddenly, time flies, and, as if by magic, we find ourselves right in the middle of the hustle and bustle of it all. Creating a signature family tradition of giving is not only fun, but it can be calming and deeply fulfilling.To begin, you can choose a theme for your giving tradition. My theme this year, for example, is “prizes in different sizes.” Having a theme helps to ignite imagination. Carve out some family time to brainstorm ideas, or adopt one or more of the ideas below, and find a way to make it your own.  By this time next year, you will be a pro. Write a Reverse Christmas List. Everyone knows that it’s the season for list making, and for children, those lists usually include the gifts they wish to receive. This is fun, but try encouraging your kids to make a “reverse Christmas list” after they’ve penned a list of things they’d like to ask for. A reverse Christmas list will consist of a list of things they’d like to GIVE to others this holiday, whether the recipients are family, friends, or gifts for those less fortunate than them. If you have a theme to your giving tradition, creating the reverse list can be a lot of fun.This is also an opportunity for families to reflect on things that were on previous Christmas lists. Are those things still being used? Have they been outgrown? Were they played with a time or two before being forgotten?  Make a list of those items. Ferret them out, and then pack them with care.  Add a secret note about a special memory you may have had with that toy, gadget or once favorite wearable. Stow away the note with the item. These simple steps will help your family connect to giving on a deeper level because it conjures up a living, breathing recipient. The Yard Un-Sale.  Begin by choosing a date for your “un-sale.”  You might want to recruit your neighbors or friends to participate. Collect several empty boxes, and mark each box with the name of a room in your home that you wish to de-clutter. Don’t forget to include the garage, attic or basement. Go through each room and pack anything you no longer wish to keep. Make sure that the item is in “give-able” condition. On the day of your Yard “un-sale,” organize the items by category.  If you live in an area frequented by people walking their dog, add a water station to encourage dog walkers to stop by. Enjoy the day meeting people. Watch as your customers smile when they realize that everything at your yard “un-sale” is FREE!     Invent a Family Giving Advent.  Populate twelve of your advent calendar slots as usual with simple treats or small gifts.  Populate the other twelve with notes describing a single act of giving. For example: “Give 5 heartfelt compliments today.”  Or “Give your turn to someone else today.” Or attach a $5 or $10 bill to a note asking that it be used to treat someone else. Once you have filled all twelve slots, tear an ordinary sheet of paper into twenty-four squares and mark them from 1-24.  Fold and place the numbered paper into a bowl.  Take turns with your family selecting numbers until you have gone through all of the folded paper.  The numbers on the papers you draw correspond to dates on the Giving Advent calendar.  Now, your family can experience getting and giving! If you choose a theme, you can decorate your advent calendar in that theme, or make the items in each slot adhere to your theme.  Adopt a volunteer.  Millions of people volunteer for various organizations all year. During the holiday season, many of those volunteers are a bit more visible. You may see them outside stores ringing bells. Others will spend time delivering food to the elderly.  Some will devote extended hours in hospitals, and others will be caring in animal shelters.  This year, why not adopt a volunteer? In nearly every hospital, a group of volunteers provide support services or directional help.  Create a holiday box filled with treats, magazines and other goodies to thank them for their time.  Pop in on the local animal shelter with treats for volunteers as well as the animals in their care. Offer a hot beverage to volunteers working outside in the cold. Your kindness is sure to be appreciated by people accustomed to giving!Random Acts of Kindness. This can be practiced any time of the year, but the holidays are a perfect time to get started. Encourage your children to look for opportunities to give back randomly and anonymously, and model these acts for them. It could be a simple gesture such as buying a coffee or a fast food meal for the person in line behind you. Often, people who witness this type of giving follow suit.  The holidays are filled with so many gifts. The gift of giving is one gift to truly cherish. It is the only gift that gives back a hundred fold; it is always the right fit. This year, make lasting memories with your family while paying it forward and watch as the real magic of the season unfolds before you.Simone Mets has spent her life connecting with others, whether locally or abroad, and always has her eyes peeled for opportunities to give back. Her ingenuity has served her well in her professional life as an attorney and event planner, and shines throughout her first book, Very Christmas. She is a passionate volunteer, a mentor, and an active member of SCBWI. Mets lives in Princeton, New Jersey with her husband and two shorthaired ginger tabbies. Please enter your name here Support conservation and fish with NEW Florida specialty license plate You have entered an incorrect email address! Please enter your email address here TAGSSimone MetsThe Joy of GivingVery Christmas Previous articleA celebration of birds coming to ApopkaNext articleLittle Hats, Big Hearts Denise Connell RELATED ARTICLESMORE FROM AUTHOR LEAVE A REPLY Cancel reply Please enter your comment! Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 Share on Facebook Tweet on Twitter Save my name, email, and website in this browser for the next time I comment.last_img read more

Wondangri House / UOSarchitects

first_imgCopyAbout this officeUOSarchitectsOfficeFollowProductBrick#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesHousesToechon-MyeonSouth KoreaPublished on February 24, 2011Cite: “Wondangri House / UOSarchitects” 24 Feb 2011. ArchDaily. Accessed 12 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogFaucetshansgroheKitchen MixersGlass3MGlass Finish – FASARA™ GeometricPartitionsSkyfoldVertically Folding Operable Walls – Classic™ SeriesPlumbingSanifloMacerator – Saniaccess®3WoodBruagAcoustic Panels with LEDMetallicsSculptformClick-on Battens in Ivanhoe ApartmentsSkylightsVELUX CommercialLonglight 5-30° – Modular SkylightsTiles / Mosaic / GresiteLove TilesPorcelain Tiles – SplashAluminium CompositesMetawellAluminum Panels for Interior DesignMetal PanelsRHEINZINKPanel Systems – Horizontal PanelEducationalLamitechChalk boardCarpetsCarpet ConceptCarpet – Eco IquMore products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Projects Architects: UOSarchitects Area Area of this architecture project Wondangri House / UOSarchitects ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/113181/wondangri-house-uosarchitects Clipboard Wondangri House / UOSarchitectsSave this projectSaveWondangri House / UOSarchitects Photographs:  Park Wan-soonText description provided by the architects. The Client asked for a bedroom for a couple, a study room for the husband where they could watch movies, two rooms for children, a living room, a kitchen, a dinning room, bathrooms, two garages and a parking lot. Most of all, they asked me to design an attic for children. The most important point was how to stabilize the land with the least cost and how to give the building the magnificent mountain view looking toward the east.Save this picture!© Park Wan-soonRecommended ProductsDoorsSolarluxBi-Folding Doors – EcolineDoorsLinvisibileLinvisibile Curved Hinged Door | AlbaDoorsRabel Aluminium SystemsMinimal Sliding Door – Rabel 62 Slim Super ThermalDoorsEGGERWood Laminate Doors in Molecular Plant Science InstituteThe client, considering their young second child and maintenance during the winter, would like to use the space differently in summer than in winter. In other words, they wanted the space to be configured to allow them to use the whole space in summer and save a part of the house during winter. Accordingly, the space for a couple and the one for family were separated vertically so that the family space could be added to the couple space. Also, family space including the living room, the kitchen and the dinning room were laid out to face south with a view to saving heating in winter and keeping a certain temperature. As for the exterior material, triple glass was used for seamless lighting and view.Save this picture!© Park Wan-soonI felt like laying out a yard right outside of the living room and each personal space. I thought of a true healthy house would come into existence when they came in contact with outdoor zones upon opening the door. Hence, I installed a separate sunken on the underground floor with one side opened for lighting and ventilation. With this structure, the unstable land shape was sorted out to some extent. The roof of the underground floor could be used as a terrace on the first floor.Save this picture!© Park Wan-soonProject gallerySee allShow lessUpdate: Opera House / Zaha HadidArticlesVideo: BIG’s Website as Presentation ToolArticles Share “COPY” Save this picture!© Park Wan-soon+ 25 Share CopyHouses•Toechon-Myeon, South Korea ArchDaily Area:  127 m² Year Completion year of this architecture project Year:  2010 Photographs South Korea ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/113181/wondangri-house-uosarchitects Clipboard Houses “COPY”last_img read more

House Sampada / 1leapingfrog Studio

first_imgArchDaily 2017 House Sampada / 1leapingfrog StudioSave this projectSaveHouse Sampada / 1leapingfrog Studio Manufacturers: Kohler, Saint-Gobain, Asian Paints, KOEHLER, Purple turtles, Quickstep, Urban Ladder & Magari, Woodville Structural Solutions Architects: 1leapingfrog Studio Area Area of this architecture project “COPY” CopyAbout this office1leapingfrog StudioOfficeFollowProductConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesBengaluruIndiaPublished on March 14, 2018Cite: “House Sampada / 1leapingfrog Studio” 14 Mar 2018. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogPartitionsSkyfoldVertically Folding Operable Walls – Zenith® SeriesVinyl Walls3MExterior Vinyl Finish – DI-NOC™ StoneShowerhansgroheShowers – Croma SelectDoorsRaynorGarage Door – Advantage SeriesConcreteSika3D Concrete PrintingSignage / Display SystemsGoppionDisplay Case – Bre-ClassSkylightsVELUX CommercialModular Skylights in Atelier Zimmerlistrasse OfficeWindowsswissFineLineSliding Windows in Villa LakesideSuspension SystemsMetawellAluminum Panels for Smart CeilingsGlassDip-TechDigital Ceramic Printing in Roofs & CanopiesSound BoothsFrameryMeeting Pod – Framery Q – Flip n’ FoldWall / Ceiling LightsAsaf WeinbroomLighting – Linestra 110 BrassMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/890219/house-sampada-1leapingfrog-studio Clipboard Houses Photographs Structural Consultant: Projects ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/890219/house-sampada-1leapingfrog-studio Clipboard Photographs:  Gareth Hoover Manufacturers Brands with products used in this architecture project Area:  4000 ft² Year Completion year of this architecture project Year:  “COPY” House Sampada / 1leapingfrog Studio India Save this picture!© Gareth Hoover+ 21Curated by Fernanda Castro Share Contractors:Prasanna KumarClients:Kiran Rangaswamy, Priyanka PrakashArchitect In Charge:Ar Aatira Lalichan Zacharias, Ar Bhyrav GowdaCity:BengaluruCountry:IndiaMore SpecsLess SpecsSave this picture!© Gareth HooverRecommended ProductsPorcelain StonewareApariciPorcelain Tiles – BuildLightsVibiaCeiling Lights – BIGWoodEGGERLaminatesPorcelain StonewareApavisaFloor Tiles – RegenerationText description provided by the architects. Situated in Kormangala, one of Bangalore’s premium residential areas, House Sampada sits in an urban context, with houses built very close to each other. The site is a 60’ X 40’ plot on a street completely shaded by trees.Save this picture!Ground Floor PlanThe idea behind the house stems from its immediate context of a residential urban scape. With neighbors closing in on all sides, the house turns within for repose. Light is borrowed through the central courtyard and a series of playful but well placed skylights. The form on the first floor modulates itself to respond to the greenery on the house front creating an opposing extroverted and uninhibited character when compared to the ground floor.Save this picture!SectionA design completely governed by site context and existing elements, House Sampada is an architectural project that packs in many different spatial experiences in a small site area. With varied volumes and a strong relation between the built and the unbuilt in the form of open terraces and courtyards, the house manages to enhance one’s perception of space.Save this picture!© Gareth HooverThe main foyer encompasses a double height space with circular skylights, a common element seen throughout the design that harnesses ample sunlight, given the context. Private spaces are pushed away from the front facade, which showcases a prominent portal and terrace, opening out into the embrace of the greenery, thus rendering the first floor outward in character as opposed to the more introverted ground floor.Save this picture!© Gareth HooverConcrete was used creatively to construct various gestures in the house. Various planes fold around the house to create the spaces of different natures. I large picture window frames the tree outside.Save this picture!© Gareth HooverA brick screen with seating and planters on the first floor terrace acts both as a design element as well as a screen to ensure maximum privacy from neighbors. A strong language of the open spaces intertwined with the built area in terms of the street, parking, courtyard and open terrace helps in the house portraying itself in a language of its own.Save this picture!SectionProject gallerySee allShow lessLoft 5.04 / smlxlSelected ProjectsHis House and Her House / Wutopia LabSelected Projects Share CopyHouses•Bengaluru, Indialast_img read more

Alarm at fire-bomb attack against financial paper

first_img News JapanAsia – Pacific Follow the news on Japan On eve of the G20 Riyadh summit, RSF calls for public support to secure the release of jailed journalists in Saudi Arabia News RSF urges recently appointed Japan Prime Minister to take a new turn towards press freedom Help by sharing this information News Organisation RSF_en July 21, 2006 – Updated on January 20, 2016 Alarm at fire-bomb attack against financial papercenter_img Receive email alerts Japanese reporter held in Myanmar is charged with “false information” May 5, 2021 Find out more Reporters Without Borders strongly condemned a fire-bomb attack against the offices of the financial newspaper Nihon Keizai Shimbun (Nikkei) in Tokyo overnight on 20-21 July 2006, causing minor damage but no injuries.No arrests have been made but the attack bears all the hallmarks of the extreme right-wing fringe groups (Uyoku).The bombing appears linked to a recent exclusive story in the paper based on the private diaries of a close aide to former Japanese emperor Hiro Hito, which said that from 1978 the emperor refused to visit the Yasukuni sanctuary after 14 Japanese war criminals were included in the Shinto shrine which honours the dead of World War II.”Nikkei’s courageous revelations have infuriated ultra-nationalist groups, but also Japanese Prime Minister Junichiro Koizumi, who makes a point of visiting the controversial shrine,” said the press freedom organisation.”Ultra-nationalists have launched previous attacks on the press, murdering a journalist from Asahi Shimbun in 1987,” it added.”We condemn this attack as well as the threats and harassment against journalists accused of sullying Japan’s imperial past.””It is essential that the government ensures the safety of Nikkei and identifies those who carried out this attack. We will keep a close eye on the police investigation,” it said.Police, who have opened an investigation into the attack, are following the possible lead of a connection with the recent revelations about the former emperor, according to Agence France-Presse.Uyoko groups attacks against the press have gone largely unpunished. Police closed a number of stalled investigations into a wave of violence against the liberal newspaper Asahi Shimbun in 1988 and 1989, and also the murder of one of its reporters, Tomohiro Kojiri, on 3 May 1987. The extreme-right group Sekihotai claimed responsibility for the murder, but the police proved incapable of arresting the killers. News November 19, 2020 Find out more to go further September 16, 2020 Find out more JapanAsia – Pacific last_img read more

Ruby Tuesday Emerges from Voluntary Chapter 11 Restructuring

first_imgLocal NewsBusiness Facebook Twitter Twitter Ruby Tuesday Emerges from Voluntary Chapter 11 Restructuring Pinterest By Digital AIM Web Support – February 24, 2021 WhatsAppcenter_img Classic American Restaurant Group, Ruby Tuesday, Emerges from Voluntary Chapter 11 Restructuring Previous articleAlli scores wonder goal, Tottenham through in Europa LeagueNext articleOAT022521_ECRWLuncheon_01 Digital AIM Web Support WhatsApp TAGS  Pinterest Facebooklast_img read more

Texas Officials: Get Moving on Harvey Relief Money

first_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Texas Officials: Get Moving on Harvey Relief Money in Daily Dose, Featured, Government, Loss Mitigation, News Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily George P. Bush Gov. Greg Abbott HUD hurricane harvey John Cornyn Michael Cloud Ted Cruz Texas Officials 2019-02-05 Donna Joseph The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Fannie Mae Survey: Big Banks vs. Big Tech Next: “Renting More Affordable in Most U.S. Counties,” Says Economist Subscribe The Best Markets For Residential Property Investors 2 days ago Related Articles Home / Daily Dose / Texas Officials: Get Moving on Harvey Relief Moneycenter_img  Print This Post About Author: Donna Joseph Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Tagged with: George P. Bush Gov. Greg Abbott HUD hurricane harvey John Cornyn Michael Cloud Ted Cruz Texas Officials February 5, 2019 1,277 Views Donna Joseph is a Dallas-based writer who covers technology, HR best practices, and a mix of lifestyle topics. She is a seasoned PR professional with an extensive background in content creation and corporate communications. Joseph holds a B.A. in Sociology and M.A. in Mass Communication, both from the University of Bangalore, India. She is currently working on two books, both dealing with women-centric issues prevalent in oppressive as well as progressive societies. She can be reached at [email protected] Demand Propels Home Prices Upward 2 days ago High-ranking Texas officials including Gov. Greg Abbott is calling on the federal government to establish rules that will allow for the flow of $4.3 billion to the state for Hurricane Harvey recovery, as reported in The Eagle.The article pointed out that Texas has been awaiting guidelines from U.S. Department of Housing and Urban Development (HUD), and the Office of Management and Budget, for the use of grant funds for projects meant to help kickstart storm resiliency initiatives in Harvey-impacted communities. The officials also urged the establishments to be more proactive in their approach to have appropriate systems in place, well in advance of the next hurricane season, which begins in June.Last week, Texas Land Commissioner, George P. Bush said that he did not receive a response to his letter to the President asking for him to intervene, from the then-OMB Chief Mick Mulvaney, who is now President Donald Trump’s acting Chief of Staff. The delay in response is as an indication that the General Land Office (GLO), responsible for overseeing Harvey recovery, could not execute a “state action plan” dictating how the funds may be used, he stated. On Monday, Houston-area members of Congress, in a letter, urged OMB Acting Director Russell Vought to “expedite the approval of the rules at HUD that will define mitigation projects for Community Development Block Grant disaster recovery grants.” The letter was signed by Gov. Greg Abbott and Texas’ two U.S. senators, John Cornyn and Ted Cruz, along with the entire Houston congressional delegation, and U.S. Rep. Michael Cloud of Corpus Christi. The Congress had approved $4.3 billion last February for Texas as part of a HUD grant program designed to help communities, especially in low-income areas. Texas officeholders wrote that the rules have not yet been published despite the collaboration between the GLO and HUD. “As a result, the GLO has been significantly delayed in drafting a State Action Plan for the funds, the critical next step at the state level before the grants can begin to flow.” Servicers Navigate the Post-Pandemic World 2 days agolast_img read more