Venom Skywalker
S. Enigma
Florida University A&M University (FAMU) welcomes passage of the Omnibus Appropriations and Emergency Coronavirus Relief Act and foresees many positives impacts it will have on citizens, communities and institutions around the nation. With regards to institutions of higher education, FAMU along with many Historically Black Colleges and Universities (HBCUs) are extremely pleased with the HBCU Capital Finance Debt Relief Act, which is included in the end of the year omnibus spending bill.
The HBCU Capital Financing Loan program provides some $1.34 billion in relief to HBCUs. FAMU will receive $111 million in debt forgiveness as part of the federal coronavirus relief package adopted by Congress. That includes $56 million in construction financing for the central energy plant, dining hub and the FAMU Towers residence hall, as well as $55 million in refinanced housing bonds.
The HBCU Capital Financing Loan program provides some $1.34 billion in relief to HBCUs. FAMU will receive $111 million in debt forgiveness as part of the federal coronavirus relief package adopted by Congress. That includes $56 million in construction financing for the central energy plant, dining hub and the FAMU Towers residence hall, as well as $55 million in refinanced housing bonds.
FAMU President Welcomes Passage of COVID-19 Aid Package - FAMU Forward
Legislation has provision for $111 million in debt forgiveness, including $56 million for construction financing of FAMU Towers and other new facilities. Florida University A&M University (FAMU) welcomes passage of the Omnibus Appropriations and Emergency Coronavirus Relief Act and foresees many...
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