EAST ST. LOUIS – To address the nursing shortage rural communities are currently facing, State Senator Christopher Belt helped secure $150,000 in funding for nursing student scholarships at McKendree University.
“In order to end the nursing shortage in smaller communities, we need to hone in on incentives and other investments that shine light on this career path,” said Belt (D-Swansea). “Nurses are essential in our hospitals, and we cannot afford to continue seeing declining numbers of them.”
The Illinois Board of Higher Education awarded a total of $150,000 through a nursing school grant to McKendree University. The grant was awarded through a competitive application process where institutions submitted enrollment, retention, completion and job placement rates of their students during a multi-year period and how grant funds would be used to enhance their program’s efforts to close equity gaps and improve student success.
Read more: Belt helps secure funding to address rural nursing shortage
SPRINGFIELD – State Senator Christopher Belt advanced a measure out of the Senate Executive Committee Wednesday that aims to identify and correct inequities some individuals face when seeking loans, mortgages or other financial services.
“Access to fair lending services, reasonable banking and other financial assistance is fundamental to economic development and stability,” said Belt (D-Swansea). “However, there are many communities across the state that face systemic barriers and disparities that hinder their ability to fully participate in the economy such as running a successful business or owning a home.”
Senate Bill 3235 builds off of previous legislation that incentivizes state-regulated financial institutions to meet the financial service needs of areas where there is a lack of access to affordable banking, credit for small businesses, reasonable interest rates, mortgages and other lending services.
Read more: Belt advances bill to address financial disparities in Illinois
SPRINGFIELD – State Senator Christopher Belt advanced a measure out of the Senate Financial Institutions Committee that would provide better financial protections for small businesses in the state.
“Our small businesses are what makes the community thrive, and it is essential that we provide them with the necessary tools and protections to thrive,” said Belt (D-Swansea). “With more transparency in lending practices, we are empowering small business owners and creating an equitable business environment.”
Senate Bill 2234 would create the Consumer Protections for Small Business Act, which would provide protections for small businesses when taking out a loan by requiring key financial terms such as the amount financed, fees and the annual percentage rate be clearly disclosed at the time an online or non-bank provider makes an offer for a loan.
“No small business should have to encounter predatory lending,” said Belt. “With this measure, we are safeguarding these businesses from unfair and deceptive practices, in turn creating more support and well-being for our state’s small business community.”
Senate Bill 2234 now awaits consideration before the Senate.
EAST ST. LOUIS – State Senator Christopher Belt announced that two organizations in his district have received funding through the Illinois Works Pre-Apprenticeship Program.
“We must remain dedicated to promoting diversity in the trades, which is exactly what this funding will do,” said Belt (D-Swansea). “Expanding the reach our trades have will empower individuals with valuable skills while ensuring our workforce is inclusive and representative of our communities.”
The Illinois Department of Commerce and Economic Opportunity awarded over $18 million in grants to 36 recipients through the Illinois Works Pre-Apprenticeship Program, including $355,542 to Southwestern Illinois College in Belleville and $440,000 to Teens Against Killing Everywhere in East St. Louis. The program creates a diverse pool of talented and qualified candidates in construction and building trades, and helps participants secure employment and establish a career in the field.
The Illinois Works Pre-Apprenticeship Program launched in 2021 with the goal of increasing diversity and access to apprenticeship programs. Pre-apprenticeship programs are comprehensive and help participants gain admission to apprenticeship programs, which provide a greater opportunity for obtaining employment in the construction trades and securing a lifelong career.
“This funding represents a critical investment in the future success of our communities,” said Belt. “We’re creating pathways for our residents to gain expertise and contribute to the workforce meaningfully, helping to create a stronger, more affluent society.”
To learn more about the grant funding and view the full list of recipients, visit here.
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