Monday, August 09, 2004
 
All Other Problems Apparently Solved

Apparently, having solved all other problems, the Federal government can turn its focus to guaranteeing car loans to sub-prime consumers:

    Dubbed "Ways to Work," the program is run through Provident Counseling Inc., a 145-year-old St. Louis nonprofit agency involved in a wide range of social service work, from afterschool children's programs to anti-drug and alcohol counseling. In many ways, the car program offers a "last hope" for working St. Louisans who otherwise might not be able to buy and drive their own cars, said Karen Jackson, loan coordinator for the program. Provident is scheduled to officially kick off its "Ways to Work" program today, in festivities at its offices at 2650 Olive Street.
    ...
    Money to kick start the program - $345,000 - came this year from the Department of Transportation and is expected to help St. Louis-area residents buy 50 to 60 cars the first year. Jackson said the federal grant requires that Provident obtain matching "dollar-for-dollar" support from the community, either in cash or in-kind donations.
The headline? Carless can now get federal help in securing a new ride.

Make that a free ride.


- posted by Brian J. @ 7:52 PM
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