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Insurance exchanges get federal approval, decide payment methods

Earlier this month, the Colorado Health Benefit Exchange reached a major milestone toward opening in 2013: conditional federal approval. The exchange, a nonprofit, quasi-governmental agency responsible for creating and deploying a new virtual marketplace for health insurance, is one of six nationwide to receive federal approval. The exchange submitted its application in early October to… Continue Reading Insurance exchanges get federal approval, decide payment methods

The Community Development Financial Institution, a branch of the U.S. Treasury Department, released a $1.5 million grant for a new program aimed to help low-income families find good paying jobs. Called Ways to Work, the program provides affordable loans and financial education to working families with challenging credit histories. Clients use the loans to purchase… Continue Reading Ways to Work program receives $1.5 million boost

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  U.S. Sen. Mark Udall is trying to round up funding for cyber-defense training programs at the U.S. Air Force Academy.   Udall said Monday computer hackers threaten the United States and could cripple the electrical grid, water supplies and computers used by the military.   Earlier this year, Udall got an amendment to the… Continue Reading Udall seeks to fund Colo. cyber defense program

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The Colorado Springs Housing Authority was the state’s third largest recipient of federal U.S. Housing and Urban Development money last week. The city’s housing authority received $1.1 million out of a total $14.4 million allocated to 47 Colorado public housing authorities. The City and County of Denver Housing Authority received the largest portion of state… Continue Reading Housing authority gets $1.12 million in HUD funds

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More federal dollars flow to county

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El Paso County will receive another $350,000 in federal funds to address the growing strain on existing resources related to administering the Food Assistance Program. Two similar allocations of federal funding totaling $394,434 were made available through the American Recovery and Reinvestment Act last year. The latest allocation will be used to pay for temporary… Continue Reading More federal dollars flow to county

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Community Foundation adds funding, groups

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Four new local citizens groups have been organized and will be funded through the Pikes Peak Community Foundation to address some of the issues facing Colorado Springs. They include: Friends of Extension (FOX): Commonly called “The FOX.” This organization supports the public needs with research based information about Youth Development (4-H), Horticulture, Nutrition, Family and… Continue Reading Community Foundation adds funding, groups

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One again American Recovery and Reinvestment Act dollars are flowing into the state. Colorado’s Medicaid program has just received almost $798,000 in federal matching funds from the Department of Health and Human Services’ Centers for Medicare & Medicaid Services. The money was allocated for a development of the electronic health record incentive program established last… Continue Reading More federal dollars for Colorado’s Medicaid technology

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University of Colorado, Colorado Springs Chancellor Pam Shockley-Zalabak would like legislators to find an alternative to pulling money from the $700 million in Pinnacol Assurance reserves as a one-time fix for the state’s budget woes.  Pinnacol is the state’s workmen’s compensation insurer. Shockley-Zalabak isn’t alone either. Officials at the Denver Metro Chamber of Commerce, the… Continue Reading Shockley: Higher ed funding shouldn’t be one time fix

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