Horizon Technology Finance Announces Monthly Dividends for October, November and December 2013 Totaling $0.345 Per ShareLeave a comment
August 7, 2013 by apicomely
Colorado School Finance Overhaul Coalition Turn In Over 160,000 Signatures Calling For Nearly $1 Billion Tax Hike
Newly-issued shares will be valued based upon the final closing price of Horizon’s common stock on a specified valuation date for each dividend as determined by Horizon’s Board of Directors. About Horizon Technology Finance Horizon Technology Finance Corporation is a business development company that provides secured loans to development-stage companies backed by established venture capital and private equity firms within the technology, life science, healthcare information and services, and clean-tech industries. The investment objective of Horizon is to maximize total risk-adjusted returns by generating current income from a portfolio of directly originated secured loans as well as capital appreciation from warrants to purchase the equity of portfolio companies. Headquartered in Farmington, Connecticut, with regional offices in Walnut Creek, California and Reston, Virginia, Horizon is externally managed by its investment advisor, Horizon Technology Finance Management LLC. Horizon’s common stock trades on the NASDAQ Global Select Market under the ticker symbol “HRZN”.
Obama wants the government to play a more limited and targeted role in supporting the mortgage market, according to an administration official, one in which private capital must be wiped out before the federal government provides any catastrophic guarantee. The president is also expected to renew his call for Congress to make it easier for homeowners to refinance at lower rates and highlight his plan to make housing more affordable for the middle class. We have to make sure we have affordable housing across this country. You know one of the things that got us into this crisis is that we sort of had a policy that said everyone has to be a homeowner. And the truth is some families want to rent their housing. Some people cant afford to be homeowners. So we need to make sure we have a balanced housing policy in this country, Donovan said.
Obama to back mortgage finance reform to speed housing recovery
That’s nearly twice the amount of signatures required to place the measure on the November ballot asking voters to increase income taxes nearly $1 billion a year to pay for public school upgrades. State elections officials have just under 30 days to look at a 5 percent random sample to determine the validity rate of the signatures. At least 86,000 signatures need to be valid in order for the measure to make it onto the ballot. The $950 million initiative known as Initiative 22, would raise money for Colorado education through a change in the state’s income tax structure.
Obama Targets Fannie, Freddie in Housing Finance Revamp
A government reinsurer of mortgage securities could backstop private capital in a crisis, the official said. Obama would want the Senate measure to go farther in helping first-time home buyers and in making sure affordable rental housing is available, the official added. The Senate bill, though, remains at odds with the bill advancing in the Republican-controlled House of Representatives that would liquidate Fannie Mae and Freddie Mac over five years and limit government loan guarantees. RESTRUCTURING MORTGAGE SYSTEM TO TAKE YEARS Fannie Mae and Freddie Mac became dominant players in housing finance when private lending to home-buyers declined after the financial crisis. The government-backed companies own or guarantee more than half of all U.S.