student loan finance corporation

Downtown parking garage open

The parking garage connected to the Ward Hotel opened for business on July 6, but already, nearly all of the 214 new parking spaces have been leased.

Sharon Hanna, purchasing facilities coordinator for the Student Loan Finance Corporation, which leases 100 spaces in the garage, said employees are using the garage and loving it.

"Their cars are a lot cooler since they're out of the sun," Hanna said. "And if there's a hailstorm or something, there's the benefit of not having to deal with the elements, especially in the winter. That's a plus. Also, you don't have to cross a busy intersection."

A ribbon-cutting ceremony for the new garage will be at 3 p.m. today on the main level of the garage. After a roughly 20-minute ceremony, the group will move to the Ward ballroom.

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DFC walkout protests Cabinet loan write-offs

Across the country today, employees of the Development Finance Corporation staged a walk out as part of a union sanctioned move against the Government owned lending institution. According to the Christian Workers Union, the seventy-two employees they represent in Belize City, Belmopan, Orange Walk and Dangriga left their posts to protest cabinet's decision to discount and write off D.F.C. student and housing loans, without regard to their status, a move they claim severely weakens their already ailing institution. To explain their position, C.W.U. officials this afternoon held a press conference in Belize City. According to the union, the discount packages must be stopped until they can be properly packaged. Emerson Burke, D.F.C. employee You walk into the D.F.C. with two point one million dollars.

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