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New Jersey announced $17 million in student loan relief for group home aides and other health care workers, part of an effort to attract and retain staff in fields fraught with turnover and vacancies.
New Mexico's Health Professional Loan Repayment Act, funded with state and federal dollars, allows health care workers to get their outstanding student loans repaid on a case-by-case basis.
There's enough funding to pay $50, 000 in debt for each of two years for as many as 1, 000 additional health care workers when applications are scheduled to open in July through August.
Provisions of the Paycheck Protection Program and Health Care Enhancement Act include the following. Appropriates an additional $320 billion of funding for the Paycheck Protection Program, which provides low-interest loans for payroll costs and other expenses to small businesses that are forgivable under certain circumstances. [19]
All U.S. states are automatically eligible for HOME funds, and each receives a minimum of $3 million for the program, while local governments receive a minimum of $500,000 (unless the United States Congress assigns $1.5 billion or less to the program, in which case they receive a minimum of $335,000). [2]
For buyers who can show that the economic event was preceded by at least a 20% household income reduction which lasted for six months or more; and who can show a satisfactory credit history for the most recent 12 months, the FHA will allow an application, and will agree to insure the home loan. The Back To Work program ended September 30, 2016 ...
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