loans

Fitch Ratings affirmed South Tahoe Public Utility District on Monday as part of its ongoing survey of public agencies, noting the ratings outlook remains within the organization remains "stable."
The firm, which positions itself as a global rating agency dedicated to providing value beyond the rating through independent and prospective credit opinions, research and data, gave the water and sewer district a AA+ rating, noting $10.8 million sewer revenue certificates of participation. The ratings agency also asserts that STPUD continues to have strong reserves in place that protects the district against a reduction in its property tax revenues.

With mortgage interest rates below five percent and housing prices at record lows, local first time house hunters with modest family incomes may benefit from El Dorado County’s First Time Homebuyer Loan Program.

(Editor's note: The Lake Tahoe-based Zawadisha Fund was founded by Jennifer Gurecki and Julie Lowe of South Lake Tahoe. Here is their report.)
Barey's eyes widened with wonder as she held the piece of paper in her hand. She struggled to decipher the words on the document but understood its significance — the number, 5,000 Kenyan shillings, would be paid to her to start her own small business baking and selling chapati to support her family.