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Rule Breaker Investing: May Mailbag | The Motley Fool - Vimarsana News

Rule Breaker Investing: May Mailbag | The Motley Fool

Going through May's mailbag, reading your notes, and answering your questions.

Source: fool.com
Philly Accelerator Fund creates loan program for minority-owned property developers - Vimarsana News

Philly Accelerator Fund creates loan program for minority-owned property developers

The city subsidized PAF with an investment of around $11 million to get things started. The fund is intended to circumvent the barriers that minority property developers face when applying for bank loans, WHYY reported.  The group aims to raise another $30 million dollars by this fall, after which they can start offering loans and investment opportunities. In five years, they hope to raise more than $100 million and produce 6,000 affordable housing units. Greg Heller, director of PAF and vice president of community investments at the Philadelphia Housing Development Corporation, said the fun...

Orchard owners hoping for temperatures above freezing - Vimarsana News

Orchard owners hoping for temperatures above freezing

Farmers hope the recent cold overnight temperatures don't damage what looks like a promising fruit crop. Author: Chelsea Strub Updated: 3:43 PM EDT May 12, 2021 LUZERNE COUNTY, Pa. — There are dozens of acres at Heller Orchards in Wapwallopen for owner Greg Heller to keep his eyes on as he grows apples, peaches, and cherries. But his focus right now is on the nightly low temperature. "We watch the weather really close and I'd say, where the fruit is now, we won't want to see any temperatures below 28," Heller said. Farmers say as long as the weather cooperate...

Source: wnep.com
Mitchell Gets Early Start as Citizens CEO (Movers & Shakers) - Vimarsana News

Mitchell Gets Early Start as Citizens CEO (Movers & Shakers)

Citizens Bank) Adam Mitchell’s promotion to chief executive officer of Citizens Bank in Batesville was effective April 1, three months earlier than originally announced. He succeeded Phil Baldwin, whose planned retirement was announced in August. Mitchell, who has 23 years of experience in the banking industry, previously served as the vice president and chief retail officer of Simmons Bank of Pine Bluff. Marnie Oldner of Stone Bank in Mountain View Marnie Oldner has been appointed to the Federal Deposit Insurance Corporation’s Advisory Committee on Community Banking. Oldner is the CEO a...

Philly homeowners risk foreclosure in growing numbers - Vimarsana News

Philly homeowners risk foreclosure in growing numbers

WHYY By A foreclosure sign (Mel Evans/AP Photo) Jobin knows how to maneuver, it’s all she’s ever done. At 21,  she found herself without stable housing, raising two children in a shelter. There, she started saving her earnings and raised enough money to buy a home. “I think that was my first step at being responsible, providing shelter for my children,” said the mother, whose first name we are not publishing because of her desire to protect her family’s privacy. Now, five years later, Jobin is struggling to keep that roof over head. She doesn’t want to take her two children, now...

Source: whyy.org