Hands set for day in court over EMI deal

first_imgSunday 17 October 2010 11:31 pm Share AN explosive court case brought by Guy Hands, founder of buyout house Terra Firma, against Citigroup over indebted record label EMI opens in Manhattan today.Hands is suing Citigroup for up to £7bn in damages to cover equity lost since it bought EMI for £4.2bn in 2007, alleging that David Wormsley, a senior Citigroup banker and former close friend, misled him about another bidder to rush him into an inflated bid.Hands specifically alleges that in three telephone calls made during May 2007, Wormsley told him rival firm Cerberus Capital Partners was interested and Terra Firma would lose the deal unless it bid 265p per share by 9am the following day. Citigroup, which was also advising EMI on finding a buyer, offered to provide £2.6bn debt at short notice to fund the buyout. Hands says the bank made £92.5m in fees from the deal. Citigroup denies all allegations as “categorically untrue”.Terra Firma has written down 90 per cent of the investment’s value since the financial collapse, but EMI is still burdened with $3bn Citigroup debt bound by strict loan covenants that forced Hands to raise a further £105m equity from investors in May.Reports suggest the lawsuit is Hands’ attempt to push Citigroup to agree a settlement to swap up to £1bn of debt for equity or give the bank a minority stake in EMI in return for reducing the debt. Terra Firma has reportedly been in talks with Citigroup for some weeks to halt the case in exchange for a settlement, though sources say a deal remains unlikely. Hands has tried to restructure both the size and terms of the debt repeatedly since 2007 but Citigroup has refused to renegotiate.As EMI’s sole creditor, Citigroup would gain control of the music group if Terra Firma defaulted and rendered EMI bankrupt.TIME LINE | TERRA FIRMA’S OWNERSHIP OF EMI● May 2007: Terra Firma Capital Partners III fund closes at €5.4bn ($7.55bn; £4.72bn).● 21 May 2007: David Wormsley allegedly makes three phone calls to Guy Hands encouraging Terra Firma to bid 265p a share for EMI by 9am the next day to close the deal.● May 2007: Terra Firma borrows £2.6bn from Citigroup to buy out EMI for £4.2bn.● October 2008: EMI posts a full-year loss of £757m.● March 2009: Terra Firma writes down the investment by 50 per cent and its entire portfolio by 45.5 per cent.● July 2009: Hands attempts to negotiate the terms of the debt with Citigroup.● September 2009: Citigroup publishes an analyst report responding to Hands’ proposal to inject £1bn new equity into EMI if Citi will write off £1bn debt. It concludes that by rejecting the deal, Citi could force Terra Firma to declare EMI bankrupt and gain control of the label.● 11 December 2009: Hands files lawsuit at the New York Supreme Court accusing Citi of tricking Terra Firma into buying EMI. Case seeks to recover “lost equity of billions of dollars” and damages.● February 2010: Terra Firma proposes selling London’s Abbey Rd studios to reduce the debt. English Heritage designates the site protected.● 25 March 2010: Citi’s bid to dismiss the US case, on grounds that the dispute should be heard in a UK court, is thrown out.● June 2010: Hands raises £105m from investors to save EMI from debt default.● August 2010: EMI achieves 2010 revenues of £1.65bn and a net loss after restructuring costs and fair value adjustments of £512m. It still has £3.04bn debt outstanding due for repayment between 2014 and 2017. ● October 2010: Court case opens in Manhattan. KCS-content Show Comments ▼ Hands set for day in court over EMI deal whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times whatsapp Tags: NULLlast_img read more

FBN Holdings Plc (FBNH.ng) Q32013 Presentation

first_imgFBN Holdings Plc (FBNH.ng) listed on the Nigerian Stock Exchange under the Financial sector has released it’s 2013 presentation results for the third quarter.For more information about FBN Holdings Plc (FBNH.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the FBN Holdings Plc (FBNH.ng) company page on AfricanFinancials.Document: FBN Holdings Plc (FBNH.ng)  2013 presentation results for the third quarter.Company ProfileFBN Holdings Plc is a leading financial services institution in Nigeria offering banking products and services for the commercial, corporate, investment and merchant banking sectors. The company also offers insurance products for individual and corporate clients and other financial services for merchant banking, asset management, investment and general trading, private equity, financial intermediation services, trusteeship, portfolio management and discount house services for individual and corporate clients. The Insurance division underwrites life and general insurance products and offers insurance brokerage services. FBN Holdings Limited was founded in 1894 and today operates in 874 business locations in 12 countries. Its company head office is in Lagos, Nigeria. FBN Holdings Plc was founded in 1894 and is based in Lagos, Nigeria. FBN Holdings Plc is listed on the Nigerian Stock Exchanglast_img read more

Lottotech Limited (LOTO.mu) 2015 Abridged Report

first_imgLottotech Limited (LOTO.mu) listed on the Stock Exchange of Mauritius under the Tourism sector has released it’s 2015 abridged results.For more information about Lottotech Limited (LOTO.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Lottotech Limited (LOTO.mu) company page on AfricanFinancials.Document: Lottotech Limited (LOTO.mu)  2015 abridged results.Company ProfileLottotech Limited is a company headquartered in Ebène Mauritius that handles the Mauritian National Lottery for the Mauritian government. The company distributes its product through a broad network of retailers. Lottotech Limited is listed on the Stock Exchange of Mauritiuslast_img read more

FTSE 100 crash: I’d buy cheap shares in an ISA today to make a million

first_imgFTSE 100 crash: I’d buy cheap shares in an ISA today to make a million Our 6 ‘Best Buys Now’ Shares I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. 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When bought via a tax-efficient account such as a Stocks and Shares ISA, you could increase your chances of making a million.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Short-term risksThe FTSE 100 currently faces numerous short-term risks that could hurt its progress after its recent rebound. For example, as lockdown measures in many counties are lifted, a second wave of coronavirus could still happen. And remember, the pandemic may have caused tensions between the US and China to increase. This could lead to further negative developments in their ongoing trade war.However, investors appear to have factored-in many of the risks facing the FTSE 100 at the moment. The index currently trades around 20% lower than it did at the start of the year. And many of its members have valuations that are significantly below their long-term averages. As such, investors can build a diverse portfolio of stocks that has the potential to deliver a sound recovery over the coming years.FTSE 100 recovery prospectsA common theme during the FTSE 100’s various bear markets since its inception is that a recovery seemed improbable at the time. Remember the 1987 crash, the 2003 tech bubble and the 2009 financial crisis? The outlook for the index was highly challenging each time. Most investors were of the view that things would worsen before they improved.However, in the months and years following each of those crises, the FTSE 100 went on to deliver a successful recovery. Not only that, it produced exceptional returns for many investors. Yes, fear may currently be the dominant emotion among investors. But it is very likely to give way to optimism and higher stock prices. Buying cheap FTSE 100 stocks today and holding them even if the economic outlook deteriorates in the short run could be a means of improving your chances of making a million as the index gradually recovers.Tax efficiencyBuying stocks in a tax-efficient account such as an ISA could further your potential of obtaining a seven-figure portfolio. No capital gains or dividend tax is paid within an ISA and this could lead to lower tax bills in the long run. This is especially so as tax rises may become more common in future as the cost of the coronavirus pandemic becomes clearer.Therefore, now could be the right time to open an ISA and start buying cheap FTSE 100 shares ahead of a long-term recovery. Doing so could help you to make a million from the stock market in the coming years. Enter Your Email Address I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.center_img Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Peter Stephens has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. See all posts by Peter Stephens Image source: Getty Images. Peter Stephens | Friday, 5th June, 2020 | More on: ^FTSE last_img read more

Anglican Consultative Council Digest: May 1

first_img Director of Administration & Finance Atlanta, GA Course Director Jerusalem, Israel Assistant/Associate Rector Washington, DC Assistant/Associate Rector Morristown, NJ Anglican Consultative Council Digest: May 1 Rector Smithfield, NC Anglican Communion, Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Featured Events Associate Rector Columbus, GA The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Anglican Consultative Council youth member Basetsana Makena from South Africa pastes to a door in the meeting room her table’s thoughts about what hinders their family relationships. Photo: Mary Frances Schjonberg/Episcopal News Service[Episcopal News Service – Hong Kong] During the Anglican Consultative Council’s 17th meeting here, a number of things happen. In addition to Episcopal News Service’s other coverage, here are some additional highlights.Learning about the Church of England’s Living in Love and Faith effortOn May 1, the ACC suspended its work, and members had the option of attending a 90-minute “consultation” on Living in Love and Faith, the Church of England’s new effort to think theologically about diverse opinions on human identity and sexuality. Its subtitle is “Christian Teaching & Learning about Human Identity, Sexuality & Marriage.” Slightly less than half the council attended.Eeva John, who called herself the “enabling officer” of the project, said it is “large, ambitious and complex.” The work was begun in 2017 after the Church of England’s General Synod rejected a report on human sexuality from the House of Bishops.The project is not meant to declare the rightness or wrongness of same-sex marriage. Bishop of Coventry Christopher Cocksworth told the Church Times earlier this year that it is about “helping people to learn how to think, and how to better understand.” Cocksworth chairs the group that is coordinating about 40 scholars working in theology, history, biblical studies and science.“It will rather be a pedagogical process that will help to put the church, and the bishops in particular, in the sort of position by which they can develop whatever answers to particular questions are needed,” Cocksworth told the Church Times.At the same time, Equal, the Campaign for Equal Marriage in the Church of England, was recently launched to advocate a change in the official teaching and practice of the Church of England to allow same-sex marriage. When the United Kingdom decided to allow same-sex marriage, it “put the church in a situation it’s never been in before where it has stepped aside from where the country stands legally,” John said.She noted that the Church of England has considered the issues around human sexuality for about 30 years. However, she said, the church has decided it needs some “quite serious theological reflection” about not only human sexuality, identity and marriage but larger societal issues, such as commodification, consumerism, materialism, individualism and the “idolatry of choice in our society, being able to choose who we are, what we do, what we consume.”It comes down, she said, to asking where the church fits into a changing culture and what “it mean to be a disciple of Jesus in England today.”During a group discussion, the Ven. Wendy Patricia Hope Scott, ACC member from the Province of Aotearoa, New Zealand and Polynesia, said her province has “gone through this and come out on the other side” with “scars.” She prayed for the project after telling John that prayer “is the only thing that’s going to get you through this.”ACC member from the Church of Scotland Alistair Dinnie said his province went through “a lot of pain, a lot of soul-searching,” but it has gotten to a place where the vast majority of people, regardless of where they stand on the issues, are happy with the foundation on which the decision to allow same-sex marriage was made. Dinnie added that “to my great sadness, we have not managed to bring everybody with us because we have lost some of our community after the decision.”During a pre-meeting news conference April 27, Archbishop of Canterbury Justin Welby said he hoped the project will “lead to significantly more careful listening to each other around the world.”The attendance-optional session required the suspension of the council’s work because “it doesn’t fall within what the ACC can do,” according to Welby. He had contended earlier in the news conference that the council cannot discuss his decision to exclude the same-sex spouses of bishops invited to the 2020 Lambeth Conference because the ACC constitution precludes the group from dealing with doctrinal matters.Considering the communion’s ecumenical relationsThe Rev. John Gibaut, the communion’s director of unity, faith and order, briefs ACC-17 on his work May 1. Photo: Neil Vigers/Anglican Communion News ServiceThe council approved four resolutions May 1 related to the communion’s relationships with other Christian churches.The members welcomed and commended the following for study:“Walking Together on the Way: Learning to Be the Church – Local, Regional, Universal,” the Agreed Statement of the Anglican–Roman Catholic International Commission (ARCIC III). It explores what Anglicans and Roman Catholics can learn from one another, and the council urged congregations, dioceses and provinces to study it with local Roman Catholics, along with two commentaries, one Anglican and one Roman Catholic.The report of the Anglican–Old Catholic International Coordinating Council. The ACC also renewed the council’s mandate.“The Procession and Work of the Holy Spirit,” the Agreed Statement of the Anglican–Oriental Orthodox International Commission. The ACC affirmed the commission’s work and the decision to next explore “authority in the church.”ACC-17 members also approved a new Anglican Communion process for receiving ecumenical texts developed out of its dialogues with other Christian traditions.The council heard from the Rev. John Gibaut, the communion’s director of unity, faith and order, who is leaving his post at the end of this meeting. His report touched on a variety of subjects, including the impact of ACC-16’s affirmation of the Joint Declaration on the Doctrine of Justification.The declaration, originally agreed to by the Roman Catholic Church and the Lutheran World Federation in 1999, has been described as resolving the doctrinal dispute at the heart of the Reformation, i.e., whether Christians are saved by their works or by their faith alone. It states that the churches who agree to it now share “a common understanding of our justification by God’s grace through faith in Christ.”The declaration has since been adopted or affirmed by the World Communion of Reformed Churches and the World Methodist Council as well as the ACC.Gibaut acknowledged that, despite the attention the declaration earned in some circles, the fact that five Western Christian churches “have been able to say something together on the Doctrine of Justification” begged the question: So what? The answer to that question has begun to be discerned.“My analogy is we now have a common master key to unlock so many of those locked doors from the 16th century. How do we use it together? How do we walk together more closely?” he said. “The Doctrine of Justification is not just a theological thing. It’s a vision of what it means to be a human being.”Convening at the Gold CoastMost of the Anglican Consultative Council’s sessions are taking place at the Gold Coast Hotel, about 45 minutes from central Hong Kong. The venue is said to be more economical than a hotel in the main part of the city. Photo: Gold Coast HotelWhenever the Anglican Consultative Council gathers for its nearly triennial meetings, it convenes in a different place around the Anglican Communion. In the last 10 years, it has met in a hotel in Kingston, Jamaica, at Anglican cathedrals in Auckland, New Zealand, and Lusaka, Zambia, and now in the Gold Coast Hotel, about 45 minutes from central Hong Kong.Some have raised eyebrows at the locale near popular Golden Beach, the sparkling environs of the hotel building – a modernistic wavy array of crystals hangs from the ceiling of the meeting room – and the sumptuous food both in the hotel and at two restaurants in the city that the council has visited thus far.“You might, since you’ve arrived, have thought, ‘Why are we in such a luxurious hotel with the wonderful food that we’ve had, the wonderful bedrooms, frankly the chandeliers in every space?’” Anglican Communion Chief Operating Officer David White acknowledged on April 28 when he explained to the ACC members the choice of the Gold Coast. “You might be thinking this doesn’t feel as if this is something within the budget of the Anglican Consultative Council.”White did not specify the cost of ACC-17, nor has that cost been disclosed elsewhere.When the ACC last met in Hong Kong in 2002, it gathered at the YMCA building in the city center. However, since then, the price of land has skyrocketed in Hong Kong, and so has the cost of anything that sits on that land. Being so far away from central Hong Kong means the cost of the meeting is far less, White said.The fact that the hotel owner is a Hong Kong Anglican who wanted to host the meeting was helpful as well, White added.The ethos of hospitality and the generous hosts have magnified the sense of luxury. White said that in all the planning meetings, he tried to tamp down the number of choices for each meal. “I have completely failed to reduce the quality with which we will be served,” he said. “With no sense of guilt, with no sense of regret, enjoy facilities and enjoy the company and enjoy the hospitality during which we are here.”Archbishop of Canterbury Justin Welby was asked at an April 27 news conference about the environmental cost of the meeting that brings 99 ACC members from all over the world, plus staff to support them. He noted that the last ACC meeting changed the council’s constitution to allow groups such as the communion’s Standing Committee to meet electronically.Yet, he said, sometimes face-to-face meetings need to happen “because you can just do and say things that you can’t do in any other way.”ACC-16’s Resolution 16.33 also called for the communion office to make carbon-offset payments to the Anglican Alliance, the communion’s relief and development agency, “in their efforts address the world refugee crisis and human suffering as a result of conflict and drought.”In another change addressed to the meeting’s environmental impact, ACC-17 is largely paperless. All reports and resolutions are posted on a password-protected “microsite,” and members who do not have internet-ready devices have been loaned iPads.– The Rev. Mary Frances Schjonberg is the Episcopal News Service’s senior editor and reporter. Curate (Associate & Priest-in-Charge) Traverse City, MI The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Rector and Chaplain Eugene, OR Featured Jobs & Calls Rector Martinsville, VA Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Submit a Job Listing Assistant/Associate Priest Scottsdale, AZ New Berrigan Book With Episcopal Roots Cascade Books Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET By Mary Frances SchjonbergPosted May 1, 2019 Rector Washington, DC An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Priest Associate or Director of Adult Ministries Greenville, SC Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Rector Albany, NY AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Bishop Diocesan Springfield, IL Rector Collierville, TN ACC17, Youth Minister Lorton, VA Canon for Family Ministry Jackson, MS Director of Music Morristown, NJ Rector/Priest in Charge (PT) Lisbon, ME This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Submit an Event Listing Rector Bath, NC Family Ministry Coordinator Baton Rouge, LA Rector Belleville, IL Tags Rector Tampa, FL Anglican Consultative Council Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Rector Knoxville, TN Submit a Press Release Associate Rector for Family Ministries Anchorage, AK Rector Hopkinsville, KY Missioner for Disaster Resilience Sacramento, CA Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Priest-in-Charge Lebanon, OH Cathedral Dean Boise, ID Rector Pittsburgh, PA Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Press Release Service Associate Priest for Pastoral Care New York, NY Rector Shreveport, LA Rector (FT or PT) Indian River, MI Curate Diocese of Nebraskalast_img read more

Cities have a new target for ending homelessness: Landlords

first_img Florida gas prices jump 12 cents; most expensive since 2014 Please enter your comment! Save my name, email, and website in this browser for the next time I comment. J.B. Wogan  [email protected]  |  @jbwoganJ.B Wogan is a Staff Writer for governing.com. LEAVE A REPLY Cancel reply Share on Facebook Tweet on Twitter UF/IFAS in Apopka will temporarily house District staff; saves almost $400,000 You have entered an incorrect email address! Please enter your email address here Please enter your name here The VOICE of HousingRental vouchers are only helpful if landlords are willing to take them. All too often, they’re not. But what if the government made it less risky?From JB Wogan of governing.com Families wait years to get on the government’s waiting list for a rental voucher, sometimes while living in a homeless shelter. When they finally get that housing aid, they often struggle to find landlords willing to rent to them.Most landlords screen out people who have a criminal background, poor credit or a history of evictions, making it difficult for voucher holders to find somewhere to live, even when they can afford rent. In fact, it’s common for people to lose their vouchers — which have expiration dates — after months of unsuccessful searching for a home.To ease landlords’ worries and house more of the homeless, a growing number of cities are offering to reimburse landlords for certain losses — unpaid back rent or repairs for tenant-caused damages — that result from accepting applicants who have rental vouchers.“Many, many communities are doing this, and it’s out of necessity,” says Elisha Harig-Blaine, who works on affordable housing issues at the National League of Cities. “They simply can’t get people placed into housing with these subsidies.”This month, Boston and the District of Columbia announced their own “housing guarantee” or “risk mitigation” programs.In Boston, the city will reimburse landlords for up to $10,000 in unpaid back rent or property damages that go beyond normal wear and tear. In D.C., a nonprofit is raising $500,000 in private funds to cover up to $5,000 in landlord costs per tenant. In both places, program staff will be available to address landlord complaints and provide case management for the tenants.The question is, will that be enough to convince landlords to accept tenants who pay with rental vouchers?In many of the cities that have these programs, affordable housing is hard to find, but renters with clean criminal and financial backgrounds are not.“At the end of the day, real estate is a business. These landlords want to do the right thing, but we’re talking about their livelihood,” says Harig-Blaine, who has attended landlord recruitment events in nine communities across the country.Landlords, he says, don’t want to deal with missed payments or other trouble that might come with renting to someone who was recently homeless.Nevertheless, local officials in D.C. — which is getting 800 new residents every month and has some of the country’s highest rents — are optimistic.“Rather than [renting] to the millennial who is just moving in from some other part of the country,” Neil Albert, president and executive director of the DowntownDC Business Improvement District, the nonprofit raising the money, told Governing. Albert thinks the risk funds will spur landlords to “weigh our needs and give equal consideration” to voucher holders.There is no official number of landlord assistance programs, according to the U.S. Interagency Council on Homelessness, but they exist in Denver, Fargo, N.D.; Marin County, Calif.; Orlando, Fla.; Portland, Ore.; and Seattle-King County, Wash, which started one of the first almost a decade ago. Some states, such as Minnesota and Oregon, offer them as well.Before launching its program, Boston researched them in other cities and found that participating landlords rarely had to use the risk funds, according to Boston’s Department of Neighborhood Development. Last year, in Seattle and King County, for example, participating landlords filed mitigation claims for only 15 percent of the renters covered by the program. Data on how many landlords participate in each city and how many people are housed through such programs, however, is not readily available.D.C. officials, though, expect demand for the risk funds to be higher in their city.“We think it will be a little different here in D.C. We think people will actually use this fund,” says Albert, adding that if it results in more units being rented to voucher-holders, then “that’s a great problem to have.”One difference between the Boston and D.C. landlord programs is the funding and management structure. In Boston, the city is putting up the risk funds and managing its landlord relations on a two-year pilot basis. In D.C., a non-profit business improvement district is raising funds — mostly from developers — and a local housing nonprofit is administering the program. That’s because landlords and property managers in D.C. pushed for a privately managed fund that could provide reimbursements faster than a government agency, says Albert.More than 5 million Americans receive some kind of rental voucher from the state or federal government, according to the Center on Budget and Policy Priorities. To qualify, a person or household must be below the federal poverty line or make less than 30 percent of the area median income. Because the program is not an entitlement, less than a quarter of all eligible families receive housing assistance, and many households wait years before a voucher becomes available.Landlord assistance programs are trying to address a chicken-and-egg problem, says Laura Zeilinger, D.C.’s director of human services. Landlords want renters who have jobs and earn a steady income. But stable housing is usually the first step to helping people get and keep a job. She’s hoping that landlords in D.C. will waive income requirements in their applications.“Housing is an important foundation for people to be able to work and to achieve their potential,” she says. “It’s a really difficult thing for people to do while living in a shelter environment.” Gov. DeSantis says new moment-of-silence law in public schools protects religious freedom TAGSThe VOICE of Housing Previous articleSmartphones: Are they Smart for Kids?Next articleApopka Police Department Arrest Report Denise Connell RELATED ARTICLESMORE FROM AUTHORlast_img read more

Zicatela House / Ludwig Godefroy Architecture

first_img “COPY” CopyAbout this officeLudwig Godefroy ArchitectureOfficeFollowProductConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesIcebergPuerto EscondidoMexicoPublished on April 12, 2021Cite: “Zicatela House / Ludwig Godefroy Architecture” [Casa Zicatela / Ludwig Godefroy Architecture] 12 Apr 2021. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogPanels / Prefabricated AssembliesTechnowoodGRP Siding Façade SystemGlassMitrexSolar GreenhouseMetal PanelsAurubisMill Finished Copper: Nordic StandardMetallicsHAVER & BOECKERArchitectural Wire Mesh – MULTI-BARRETTE 8130Enclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsSealantsEffisusGutter Repair – TiteGutter3Aluminium CompositesSculptformAluminium Click-on BattensTiles / Mosaic / GresiteMargresPorcelain Tiles – Linea PrestigeMetallicsRHEINZINKZinc Roof Systems – Click Roll CapsTiles / Mosaic / GresiteTerrealTerracotta Cladding TileDoorsECLISSESliding Pocket Door – ECLISSE UnilateralWindowsJoskoWindows and Sliding Doors – ONE SeriesMore products »Save想阅读文章的中文版本吗?Zicatela住宅,海边的乡村堡垒 / Ludwig Godefroy Architecture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 Zicatela House / Ludwig Godefroy Architecture CopyHouses•Puerto Escondido, Mexico Save this picture!© Rory Gardiner+ 35Curated by Clara Ott Share Mexico Photographs:  Rory GardinerCity:Puerto EscondidoCountry:MexicoMore SpecsLess SpecsSave this picture!© Rory GardinerRecommended ProductsMetallicsTrimoMetal Panels for Roofs – Trimoterm SNVPorcelain StonewareApariciPorcelain Tiles – BuildWoodLunawoodThermowood FacadesWindowsVitrocsaMinimalist Window – SlidingText description provided by the architects. Zicatela House is a small weekend house located on top of a hill in front of Zicatela beach, next to Puerto Escondido in the state of Oaxaca, Mexico.Save this picture!© Rory GardinerSave this picture!Save this picture!© Rory GardinerThe house was designed with one main purpose: to give the owner the opportunity to leave Mexico City to make a break with the megalopolis and urban habits, by coming to get some rest and relax while enjoying the heat of the Mexican coast and the peaceful light of Oaxaca. Save this picture!© Rory GardinerThis house responds to a double landscape, on one side in the background the beach and the sea, on the other side the mountains and agave fields, the plant from which is made mezcal and tequila. This project has a very interesting personality of being a countryside house next to the sea, instead of a beach house.Save this picture!© Rory GardinerThe house is based on this duality, the duality of its surroundings and it’s able to respond to the mountains and be protective as a fortress as well as a wide-open space; giving you the feeling to live outside in a garden, making the border between in and out disappear.Save this picture!© Rory GardinerSave this picture!Save this picture!© Rory GardinerZicatela House is built on a small 300 m2 plot, using a typology of defensive architecture, where a wall surrounds the terrain completely, helping create a 100% controlled area on the inside, turning it into an open-sky fortress, with only one main view towards the sky, the only permanent element in time.Save this picture!© Rory GardinerSave this picture!Save this picture!© Rory GardinerThe house is a bunker on the outside, one of those massive concrete structures I used to see in Normandy -where I was born-, protecting a Mexican pyramid on the inside, one of those I see when I travel around Mexico, the country where I’ve been living and working for 10 years now.Save this picture!© Rory GardinerProject gallerySee allShow lessSocial Housing: 60 Examples in Plan and SectionArticlesRicciotti’s Manufacture de la Mode Houses Chanel’s Community of Creative ProfessionalsArticles Share Architects: Ludwig Godefroy Architecture Area Area of this architecture project Projects Area:  200 m² Year Completion year of this architecture project Zicatela House / Ludwig Godefroy ArchitectureSave this projectSaveZicatela House / Ludwig Godefroy Architecture “COPY” 2015 ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/931893/zicatela-house-ludwig-godefroy-architecture Clipboard Photographs Houses ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/931893/zicatela-house-ludwig-godefroy-architecture Clipboard Year:  ArchDailylast_img read more

JustGiving reports 32% increase in in memory fundraising gifts this year

first_img Howard Lake | 24 May 2013 | News JustGiving reports 32% increase in in memory fundraising gifts this year AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Online giving service JustGiving last year handled more than £27 million of donations made in memory of a loved one. This year, donations are already up by 32% from January to May compared to the same period last year.Last year 90,000 in memory fundraising pages were set up on JustGiving, to honour a friend or relative who has died or to continue their fundraising efforts while they were alive. Gift Aid from in memory donations ‘not maximised’According to an ICM Research survey for JustGiving earlier this month, donating to charity is now the most popular method of paying tribute to someone who has died: 67% of British adults prefer to do this, rather than give flowers. Advertisementcenter_img Gemma Randall, Head of Charity Partnerships at JustGiving, comments: “The ability to raise fund for good causes in memory of a lost loved one isn’t a new idea, but it’s being made so much easier and more effective through the Internet.   “The result is a permanent online legacy that reflects the person’s passions and personality in life that can help friends and family make sense of their loss and become an uplifting way of  keeping their memories alive.”Photo: in memoriam on gravestone Mr Doomits on shutterstock.com  55 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis However, JustGiving argues that in memory income could be increased further because cash donations at funerals and memorial services often miss out on the benefit of Gift Aid. It estimates that up to £25 million is lost to charities each year as a result, so is inviting in memory fundraisers to make use of online tribute fund sites like its own to maximise Gift Aid income. Digital legacyOnline giving is now a popular response in the wake of widely publicised deaths. For example, people gave over £32,000 via JustGiving to Sam Harper-Brighouse for Arms Around the Child following his death running the Brighton Marathon.The death of Margaret Thatcher led to a surge in donations to charities in her memory and to those who were affected by her government’s policies. JustGiving tracked £52,000 of donations related to her death.last_img read more

Chartered Institute of Fundraising seeks three trustees

first_img Melanie May | 13 April 2021 | News About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com.  706 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 Chartered Institute of Fundraising logo The CIoF is also currently looking for a CEO to replace the outgoing Peter Lewis, and, with it entering a new phase post-pandemic and also a year on from attaining Chartered status, says that this ‘will be an exciting time to be part of that change, working with the trustees and the staff team to develop and then deliver a new strategy to take fundraising, and the Chartered Institute, into a new era.’ The Chartered Institute of Fundraising is looking for three trustees to join its board. Chartered Institute of Fundraising seeks three trustees As well as wanting to ensure the trustee board is drawn from charities of all sizes, represents the UK, and has a mix of practitioner and consultant fundraisers on the Board, the CIoF wants to ensure that it is diverse in terms of ethnicity, disability and sexual orientation and balanced in terms of gender identity. As such, it is positively encouraging applications from people who will increase the current diversity of the board.center_img The time commitment is four Board meetings per year, one of which comprises an Away Day plus attendance at Fundraising Convention and the AGM. Trustees are also expected to represent the organisation at various events and meetings with key stakeholders. Detailed information on how to apply and the criteria for the role is available in the Trustee Recruitment & Information pack on the CIoF website. Advertisement The closing date to submit applications is midday on Thursday 29 April. Current trustees include Chair Claire Rowney, Macmillan Cancer Support’s Executive Director of Fundraising, Marketing and Communications; Vice-Chair and Chair of Equality, Diversity & Inclusion Committee Carol Akiwumi MBE, the CEO of Money4YOU; Director of Fundraising & Marketing at Thames Hospice Sarah Bissell, and Head of Income Generation and Marketing at Age NI Nadine Campbell. Tagged with: Institute of Fundraising trustees AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1last_img read more

Serious case of illegal dumping uncovered in West Donegal

first_img Loganair’s new Derry – Liverpool air service takes off from CODA Previous articleStorm Callum passes with relatively little impactNext articleDeclan Bonner on Ulster title defence and next season’s challenges News Highland Pinterest Google+ RELATED ARTICLESMORE FROM AUTHOR Twitter AudioHomepage BannerNews Facebook Arranmore progress and potential flagged as population grows Renewed calls for full-time Garda in Kilmacrennan Facebook WhatsAppcenter_img Concern has been raised over a serious case of illegal dumping in West Donegal.Up to a thousand used beer cans and other items were discovered strewn in a rural area of Ghaoth Dobhair in recent days.Donegal County Council has been informed of the matter.Local Councillor Micheal Cholm MacGiolla Easbuig says there is an onus on people to take responsibility for their dumping:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2018/10/micheal.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Serious case of illegal dumping uncovered in West Donegal Twitter By News Highland – October 12, 2018 Publicans in Republic watching closely as North reopens further Community Enhancement Programme open for applications Nine til Noon Show – Listen back to Monday’s Programme Pinterest Google+ WhatsApplast_img read more