53 purposes permitted for town’s utility mortgage program
TOPEKA, Kan. (WIBW) – The Kansas State Treasurer’s Workplace has permitted 53 purposes for town’s utility mortgage program.
Kansas State Treasurer Lynn Rogers stated 53 purposes totaling greater than $ 69.5 million have been submitted and permitted for town’s utility low-interest mortgage program. He stated all 53 candidates will obtain approval letters from his workplace at this time.
“Our workplace has taken on the problem of retaining the lights on for Kansans throughout the state,” stated Kansas State Treasurer Lynn Rogers. “By no fault of their very own, the winter frost in February severely examined many cities and triggered monetary panic. At present’s announcement is a testomony to our dedication to supporting the Kansans, particularly in instances of want.
Based on Rogers, who can be the previous lieutenant governor of Kansas, town’s utility low-interest mortgage program was put in place in early March to permit the mortgage of $ 100 million of unused funds to any metropolis. from Kansas who bought the prices of pure gasoline through the extraordinarily chilly February temperatures. He stated cities have as much as 10 years to repay the loans. He stated the funding could not be used to pay for electrical energy or gasoline payments that town would in any other case pay as a buyer.
Rogers stated cities that obtain utility approval letters may have 5 enterprise days to signal the approval notification. He stated that if the signed approval discover isn’t returned inside 5 working days, the permitted mortgage quantity can be returned to different candidates.
Based on Rogers, his workplace remains to be accepting purposes and information can be evaluated on a primary come, first served foundation. He stated if funds should not obtainable, candidates can be placed on a ready listing within the order by which their utility was acquired.
Cities which were permitted embody, however should not restricted to the next:
- Osage Metropolis
To see a full listing of accepted cities, click on right here.
Cities can full their utility file right here.
Residents who’re struggling to pay their utility payments could click on right here to study extra in regards to the Low Revenue Vitality Help Program.
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