Scrapbook Photo 03/25/24 - 93 New Stories - REAL Environmental & Conservation Leadership In PA: http://tinyurl.com/3729bhvv
PennVEST Board Approves Up To $450 Million In Financial Aid To PA Hospitals

On April 10, the PA Infrastructure Investment Authority voted to approve a low-interest, short-term loan program to provide up to $450 million in funding to state hospitals to bridge the gap until federal assistance arrives.

“The federal CARES Act will deliver hundreds of millions of dollars to hospitals, but when that money will arrive is uncertain. The surge in cases is happening now and hospitals need this help now because the virus caseload intensifies each day,” Democratic Leader Rep. Frank Dermody (D-Allegheny), said.

“By making state financing available quickly, hospitals will be able to get doctors and nurses the equipment and supplies they require to handle the surge and save as many lives as possible. This funding is a vital lifesaving tool to help us weather the worst part of the storm,” Rep. Dermody said.

PennVEST was established to provide loans and grants to improve water and wastewater infrastructure throughout the state.

[Note: Last week the Wolf Administration took $30 million from the Underground Storage Tank Indemnification Fund, an insurance fund to provide coverage for leaks from underground tanks, to help fund medical equipment purchases.]

NewsClips:

Click Here For A Week’s Worth Of Political NewsClips

Click Here For PA Coronavirus NewsClips

Click Here For A Week’s Worth Of Environment & Energy NewsClips

Support Local Journalism!

Related Articles:

Analysis: Conservative Republicans Want To Freeze Funding To Help PA’s Economy Recover, Support For Local Parks, Trails, Farm Conservation, Mine Reclamation, Recycling

Independent Fiscal Office Projects $2.7 Billion To $3.9 Billion Reduction In Revenues Over Current, Next Fiscal Year

Spotlight PA: Republican Senate, House Leaders Make No Promises To Tap Their $172 Million Reserves As State Faces Massive Budget Shortfall

Activist Calls For Senate, House To Use Their $172 Million Budget Surplus To Fight COVID-19

Spotlight PA: Senate Defends Legislative Privilege Claim To Hide How It Spends Taxpayer Money

72 DEP And 9 DCNR Employees Will Not Longer Be Paid After April 10

DEP Issues New Guidance On Inspections, Permit Enforcement, Waivers Of Permit, Regulatory Provisions During COVID-19 Pandemic

The Last Line Of Environmental Defense Is You - Report Environmental Problems

Keep PA Beautiful Urges Residents To Report Illegal Dumping Thru New Report It Webpage

Republicans On House Committee Report Out Bill Again Trying To Emasculate Environmental Protection Efforts In PA

[Posted: April 10, 2020]


4/13/2020

Go To Preceding Article     Go To Next Article

Return to This PA Environment Digest's Main Page