Assistive Technology Loan Fund Authority Board Of Directors Meeting
The Board reviewed the financial report, noting active loan volume, new loan activity, and the current default rate. The Executive Director provided updates on loan program projects, legislative activity, and the execution of a new office space lease. The Board conducted an annual election for officers and approved the proposed budget for the upcoming fiscal year, alongside a discussion regarding investment options. During a closed session, the Board addressed personnel matters, resulting in approved staff salary increases, and reviewed a delinquency report, which led to the authorization of forbearance for a specific loan account.