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Posts tagged
'Arkansas Development Finance Authority'

Little Rock's Women & Children First shelter announces $12 million in grants

WCF announced this week it would receive a $7 million grant from the HOME Investment Partnerships American Rescue Plan Program (HOME-ARP), along with $1 million in other HUD grants and a $4 million challenge grant offered by the Windgate Foundation.
IT Arkansas job board

Sen. Jake Files' financial woes mount, Democrat-Gazette reports

Michael Wickline of the Arkansas Democrat-Gazette reported in detail this morning a growing list of financial problems for Republican Sen. Jake Files of Fort Smith.
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Kramer School going on auction block Monday: Update II

The Arkansas Development Finance Authority has foreclosed on its mortgage loan to the Kramer School Artlofts Ltd. Partnership, owner of the Kramer Lofts at 715 Sherman St., and the lofts will auctioned at 3 p.m. Monday at the Pulaski County Courthouse. The sale will be for cash only.

Hutchinson recommends former legislator for Development Finance job

Gov. Asa Hutchinson has recommended Aaron Burkes, a former Republican legislator from Northwest Arkansas, to become president of the Arkansas Development Finance Authority.
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ARK Challenge in Little Rock

Business accelerator has teams scrambling for $150,000 investment.

Open line: The shrinking news business; Pryor nicked for Koch contributions; dispute on voter ID; Walton grant application slowed by questions

The open line news roundup: Most of Stephens Media news bureau in Little Rock lose their jobs. Mark Pryor bites Koch hand that feeds him. Lawsuit possible over new state election rule. Unable to answer my questions, a state agency delayed a rubberstamp vote on a Walton-financed bid to get some federal money to pass out to charter schools.
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A response from Beebe on mortgage money

I asked some questions Friday evening of Gov. Mike Beebe and Attorney General Dustin McDaniel's office relative to McDaniel's unilateral spending of some $13 million from a nationwide settlement with major banks over foreclosure practices.

When should the state step in?

In the wake of Yarnell's abrupt closure, questions about the state's role in propping the ice cream maker up
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ADFA reworking loans on LR historic projects

Read on for Leslie Newell Peacock's report on these two projects.

Yarnell's and the free market

John Brummett re-examines the failure of Yarnell's Ice Cream and the state's role — through two state agencies and $3.5 million in now-delinquent debt — in propping up the business for more than a decade when private lenders grew reluctant.
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Who was rescued by taxpayers' Yarnell bailouts?

http://arkansasnews.com/2011/07/02/did-truckers-really-roll-us-over/I think it's a question of legitimate public interest to know what bank the Arkansas Development Finance Authority let off the hook when it took over $2.5 million in debt for Yarnell's Ice Cream in Searcy in 2000.

Welspun putting workers at risk, OSHA says

Worker safety at issue for the corporate recruit.
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