Local housing initiatives impacted by shutdown
Last week, Mountain Projects’ Amanda Singletary was convinced she’d be calling all 250 Section 8 landlords with bad news: they wouldn’t be receiving October’s rental payment.
Because Section 8 received funding from the Department of Housing and Urban Development, but HUD hadn’t indicated what might become of its finances given a federal government shutdown, Singletary was “sweating bullets” as the Oct. 1 deadline to extend a continuing resolution to keep the federal government open loomed over the horizon.
Tribe ends interest-only payments for gaming ventures
With much of the conversation taking place in closed session, the Eastern Band of Cherokee Indians Tribal Council passed a trio of resolutions Aug. 3 pertaining to the tribally owned EBCI Holdings LLC.