Finance
Texas Rent Relief Additional Funding: Is Texas Rent Relief still available this month?
In what’s unlucky information for these in Texas who want monetary assist in terms of housing, there may be not sufficient cash within the pot to assist all people who have requested for it.
The Texas Division of Housing and Neighborhood Affairs (TDHCA) have needed to shut down one avenue of assist that had been created for individuals who have been struggling to make their lease every week and who risked shedding their properties within the US state.
The TDHCA introduced in mid-March that it must shut down the Texas Lease Reduction program due to what number of purposes it acquired within the first 24 hours of being open.
Over 70,000 individuals utilized for assist in the primary 24 hours which signifies that there are just too many individuals to assist successfully.
The timeline of the Texas Lease Reduction program
When the portal was first opened in 2021, there have been lower than 20,000 purposes within the first 24 hours.
That made it extra manageable and, because the program started in February 2021, over 2.1 billion {dollars} have been given out in emergency funds for lease and utility reduction.
This has served over 316,000 households in 250 Texas counties. In flip, the reduction has prevented evictions for over 21,000 households.
Now, the way forward for the Texas Lease Reduction program is up within the air and there may be not presently any info on if or when the TDHCA shall be reopening the portal.
Is the Texas Lease Reduction program nonetheless working?
Of the over 70,000 purposes which received in earlier than the portal was closed, those that are dealing with eviction shall be prioritised so long as they’ve a legitimate eviction docket quantity.
By closing the portal early, it signifies that the workers can work far more successfully with the purposes they should cope with first, which then signifies that funds may be distributed to people who want them shortly.
However, they will not be taking any new purposes as a part of the Texas Lease Reduction program presently.
This highly anticipated in person only event will feature expert insights and actionable strategies to help you navigate the shifting landscape and capitalize on emerging trends in the year ahead.
The Agenda will include:
- US Government Policy Updates and Geopolitical Risks
- Consumer, Insurance Bank and other Regulatory Updates
- CLOs and CFOs
- Capital Relief Trade
- Capital Call Lines and Joint Ventures
- Trade Receivables
- Cryptocurrencies, Emerging Asset Classes, Vertical Integration and Tax
- SEC updates and much more
CLE credit is pending.
View Agenda
For additional information or to register, please contact Jeanette Ponce at jponce@mayerbrown.com or +1 212 506 2484.
The S&P 500 is set to end its 5-day streak of losses. The major indexes (^DJI,^GSPC, ^IXIC) are all trading higher thanks to big-name tech stocks like Nvidia (NVDA) and Tesla (TSLA). One stock that is trading lower is US Steel (X), which fell sharply after President Biden announced he will block Nippon Steel’s (NPSCY) purchase of the company. Other trending tickers on Yahoo Finance today include Rivian Automotive (RIVN), Adobe (ADBE), and Oklo (OKLO).
Key guests include:
3:05 p.m. ET – Ahmed Riesgo, Insigneo Chief Investment Officer
3:15 p.m. ET – Brian Gardner, Stifel Chief Washington Policy Strategist
4:00 p.m. ET – David Miller, Catalyst Funds Co-Founder, Chief Investment Officer and Senior Portfolio Manager
4:35 p.m. ET – Rachel Tipograph, MikMak, founder and CEO
Tesla (NASDAQ:TSLA) is planning to report its Q4 2024 results displaying their net income and cash flow of the business’s profitability and financial position on January 29, 2025 after market close.
Tesla experienced different stock price fluctuations, as market responses, between 9% and 22% within one day after releasing the results.
Tesla’s management will also give their 2025 guidance such as production, models, technology including Full Self-Driving (FSD).
The one-year price targets for Tesla given by 45 analysts are USD 278.47 at the average while ranging from as high as USD 515.00 and the lowest at USD 24.86. The average target is -26.58% from the current price at $379.28.
GuruFocus calculates the GF Value for Tesla one year ahead to be at $298.99 which indicates the stock to be overvalued -21.17% from the current price $379.28.
You can make more informed investment decision by visiting GuruFocus now and deep dive into Tesla’s performance with charts, breakdowns, 30-year financial data, and more!
This article first appeared on GuruFocus.
New Menendez brothers prosecutor slams 'meritless' conflict claim in push to take case out of Los Angeles
Minnesota man accused of dismembering girlfriends, hiding bodies in storage units enters plea
'Beacon of selflessness': ISIS victim Kayla Mueller honored at congressman's swearing-in 10 years after death
More Islamist terror is coming. We are woefully unprepared
Shampoo rules and immigrant care: A look at some 'draconian' state laws, tax hikes taking effect in 2025
Colorado Rockies game no. 116 thread: Zac Gallen vs José Ureña
Why Marjorie Taylor Greene was ‘kicked out’ of the Freedom Caucus according to Rep. Buck
See it: Tesla crashes into Columbus convention center at 70 mph
Fox News Politics: Georgia the whole day through
Death of missing Oregon girl found in stream ruled homicide
Tornado Confirmed in Northern California
'Let's see what happens': Trump picks for deputy Mideast envoy, Estonia ambassador, State Dept. spokesperson
Q&A: Leader of Myanmar’s shadow government talks civil war strategy in 2025
Driver of exploding Cybertruck left letters of anguish: 'I needed to cleanse my mind'
Read the Report on Security in New Orleans
-
Business1 week agoOn a quest for global domination, Chinese EV makers are upending Thailand's auto industry
-
Health6 days agoNew Year life lessons from country star: 'Never forget where you came from'
-
/cdn.vox-cdn.com/uploads/chorus_asset/file/24982514/Quest_3_dock.jpg "Meta’s ‘software update issue’ has been breaking Quest headsets for weeks")
Technology6 days agoMeta’s ‘software update issue’ has been breaking Quest headsets for weeks
-
Business3 days agoThese are the top 7 issues facing the struggling restaurant industry in 2025
-
Politics1 week ago'Politics is bad for business.' Why Disney's Bob Iger is trying to avoid hot buttons
-
Culture3 days agoThe 25 worst losses in college football history, including Baylor’s 2024 entry at Colorado
-
News1 week agoAmerican Airlines lifts ground stop that froze Christmas Eve travelers
-
World1 week agoWho is Europe's top investor in space in 2023?