Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Have SIP investments and Rs 30 lakh for lumpsum? Here’s how to invest in mutual funds for long-term wealth creation
    • 6 Energy Mutual Funds to Watch in 2026 as the Sector Heats Up – Money Insights News
    • Cyprus stock exchange admits Rehub bonds to trading
    • Markets flat in 1 year, but these 3 equity fund categories delivered up to 20% returns – Money News
    • Why target maturity funds work best for goal-based investing
    • Rates Spark: Bonds losing their edge as a hedge | articles
    • ETFs hit $21T tipping point as scale reshapes market structure
    • Korea to debut single-stock leveraged ETFs with Samsung, SK hynix
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Welcome Inn presented final round of ARPA funds
    Funds

    Welcome Inn presented final round of ARPA funds

    August 13, 2024


    Boone County is continuing its efforts to create affordable housing options for residents, as organizers presented the final round of ARPA funding to Welcome Inn.

    The Boone County Commission hosted a presentation on Friday, awarding Welcome Inn $850,000. This comes after county commissioners agreed to spend $3 million in ARPA funds, specifically on groups that promote affordable housing, last April.

    Welcome Inn, an extended stay hotel, was among four ARPA recipients. According to records, the inn received the largest amount of funding.

    Welcome Inn organizers said the group provides housing for thousands of individuals each year, who may otherwise not be able to afford it. Staff said for about $57 per night, guests have access to a microwave, refrigerator, WiFi and cable.

    Data from Boone County highlights the need for more affordable housing, as numbers show there were about 270 unhoused people living in the area in 2023. Additionally, community leaders who work with the unhoused community first-hand said they’ve seen this need increase overtime.

    John Trapp has been the executive director at Room at the Inn, which provides free, nightly shelter to the unhoused, since 2016. During his time there, Trapp said he noticed a particularly large spike in the number of people needing housing after the Covid-19 pandemic.

    Recently, Trapp said the organization has had to increase its hours to keep up with demand. He added this is the first time the shelter has decided to remain open during the summer, rather than only the winter months.

    He said he believes more affordable housing options, like Welcome Inn, could help those at the shelter.

    “If we did have more affordable housing, we could use a lot more of those [housing] vouchers,” Trapp said. “A lot of the people that are staying here at the shelter that are working could afford to pay rent and they could move out of here.”

    Additionally, Trapp said many staying at the shelter can’t find affordable housing, despite being employed.

    “About 15% of our guests are working,” Trapp said. “If there was housing available, they could move out of here today.”

    According to records, Welcome Inn plans to use its portion of the ARPA funding to renovate its existing facility, located off of Interstate 70.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Why target maturity funds work best for goal-based investing

    April 21, 2026

    High-Potential Mutual Funds to Invest in 2026

    April 19, 2026

    Closed-End Funds: Looking For Infrastructure Opportunities With AI Driving Them Higher

    April 17, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Cyprus stock exchange admits Rehub bonds to trading

    April 21, 2026

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    Have SIP investments and Rs 30 lakh for lumpsum? Here’s how to invest in mutual funds for long-term wealth creation

    April 21, 2026

    Building long-term wealth through mutual funds often involves a mix of disciplined SIPs and well-timed…

    6 Energy Mutual Funds to Watch in 2026 as the Sector Heats Up – Money Insights News

    April 21, 2026

    Cyprus stock exchange admits Rehub bonds to trading

    April 21, 2026

    Markets flat in 1 year, but these 3 equity fund categories delivered up to 20% returns – Money News

    April 21, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Rural Funds Group : Moelis & Company passe à l’achat -Le 24 février 2025 à 09:01

    February 23, 2025

    What are AT1 bonds? Features, risks, and how they differ from regular bonds

    April 12, 2026

    Quant Mutual Fund reduce cash holding below 14% in September

    October 17, 2024
    Our Picks

    Have SIP investments and Rs 30 lakh for lumpsum? Here’s how to invest in mutual funds for long-term wealth creation

    April 21, 2026

    6 Energy Mutual Funds to Watch in 2026 as the Sector Heats Up – Money Insights News

    April 21, 2026

    Cyprus stock exchange admits Rehub bonds to trading

    April 21, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹50 lakh retirement corpus: How to invest in SCSS, mutual funds, equities and other assets — CA offers tips

    April 16, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.