Knight Investments LLC show support of 3.9 Billion in US Human & Health Services for LIHEAP Program

Top Quote Regulatory and Compliance Officials from Knight Investments LLC met to discuss contributions towards funding for the Low Income Home Energy Assistance Program (LIHEAP) within the United States. End Quote
  • (1888PressRelease) March 10, 2011 - Regulatory Officials briefed Compliance Officials at Knight Investments LLC regarding the U.S. Department of Health and Human Services Secretary's (Kathleen Sebelius) announcement of new federal funds to lower income areas.

    There was a specific focus on how the government would deploy resources to help assist territories (within the United States) that needed to improve the general well being of their citizens. Such announcements were important as Regulatory Officials stated it would need to become a priority at Knight Investments LLC (KI) to seek out projects that could advance this goal.

    The availability of additional funding to help eligible low-income families meet their home energy needs, bringing the total made available (since October 1) to $3.9 billion. These funds will go to states, tribes and territories under the Low Income Home Energy Assistance Program (LIHEAP) and are available under the terms of the latest continuing resolution.

    Officials from KI stated that in light of these recent events that it would seek to target project principals, that were in need of compliance services, who would promote this stance in legislation. KI spokesmen were adamant that the strengthening of a company's infrastructure was important if any company wishing for success was to succeed in its goals. Remarks of Secretary Sebelius were made as follows:

    "Much of the country has already experienced a very cold winter," said Secretary Sebelius. "Today's additional funds will help struggling families keep safe and warm for the remainder of the season." (SOURCE US HHS)

    LIHEAP assists qualified families with their home energy needs such as heating in the winter, cooling their homes in the summer, and insulating their homes to make them more energy efficient and reduce their energy costs. By doing so, families are less likely to have to choose between paying their energy bills and other necessities, such as food or medicine. Energy assistance can reduce illness or the risk of fires that can break out when households turn to using candles or space heaters because they cannot pay their electricity or gas bill.

    The block grant funds released today supplement two previous releases of funds under continuing resolutions in Fiscal Year 2011.

    "As temperatures drop, heating costs can pose a serious challenge for struggling families," said David A. Hansell, HHS acting assistant secretary for children and families. "At the start of a new year, these additional LIHEAP funds will help ease the financial burdens for many families."

    A complete list of funds available to states today is available at the US HHS website. Individuals interested in applying for energy assistance should contact their local/state LIHEAP agency, and if there is any interest in the formation of a public private partnership (between private sector and government bodies) KI Officials stated they would be glad to assist.

    Knight Investments LLC works as a private compliance firm to invest company assets on the behalf of promoting a vibrant community, low income housing, humanitarian causes, renewable energies, real estate developments, and project compliance solutions.

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