In The News
Payday loans’ debt spiral to be curtailed
The payday loan industry, which is vilified for charging exorbitant interest rates on short-term loans that many Americans depend on, could soon be gutted by a set of rules that federal regulators plan to unveil on Thursday. [The Pittsburgh Foundation, along with a coalition of national community foundations, advocated for changes to the payday loan industry last year.]
As another Pa. budget deadline looms, nonprofits hope it won’t be déjà vu
Lawmakers have until the end of the month to pass a budget. In the run-up to that deadline, nonprofits across the state are taking stock of the shock waves they still feel from last year's nine-month budget impasse. A new survey says nonprofit organizations that carry out social services in Pennsylvania still owe interest from loans taken out during a protracted state government budget stalemate. The survey released last week comes from the Greater Pittsburgh Nonprofit Partnership, the United Way of Pennsylvania, and the Pennsylvania Association of Nonprofit Organizations.
New exhibits around Pittsburgh accompany Three Rivers Arts Festival
The work of Homewood-based artist Vanessa German whose exhibit “Introspective” will be on display at the August Wilson Center, 980 Liberty Ave.