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  • 💸 Provo News: Launches of $100 Million Affordable Housing Initiative by Treasury.

💸 Provo News: Launches of $100 Million Affordable Housing Initiative by Treasury.

Issue#093

June 24, 2024

There's a treasure hunter in each of us. It's an instinctive pull that captures our imagination and never let’s go. Solve thrilling puzzles and uncover real treasures like gold, cash, cars, and vacations. Ready to embark on the journey of a lifetime? Learn more!

Weather 

Local News

Tragic Murder-Suicide in American Fork

Olin Johnson, 57, fatally shot his wife Kerilyn Johnson, 52, before killing himself in their American Fork, Utah, home. Days before, Olin posted on Facebook about his love for motorcycles, referring to himself as a "crappy" person. The couple, married for 32 years, showed no outward signs of distress prior to the incident. Kerilyn was a music faculty member at BYU and beloved in her community. A GoFundMe has been set up to support their six children with funeral expenses.

National News

Treasury Launches $100 Million Affordable Housing Initiative

The Treasury Department announced a $100 million investment over three years to increase affordable housing through the Community Development Financial Institutions Fund. This initiative aims to finance thousands of affordable housing units, significantly reducing borrowing costs for housing finance agencies. Treasury Secretary Janet Yellen emphasized that this effort is part of the Biden administration's broader strategy to reduce living costs, including healthcare and energy. Yellen is also urging Federal Home Loan Banks to double their support for housing programs, which could have added nearly $2 billion to housing initiatives over the past five years.

International News

Tragic Fire at South Korean Lithium Battery Factory

A devastating fire at a lithium battery factory in Hwaseong, South Korea, killed over 20 people, mostly Chinese workers, with one Laotian also confirmed dead. The fire, which started after batteries exploded during inspection and packaging, quickly engulfed the building, making escape difficult. Rescue teams are investigating the cause and the effectiveness of fire safety systems. South Korean President Yoon Suk Yeol has ordered a comprehensive search for survivors and an investigation into the incident.

Discovery News

Florida Treasure Hunters Uncover 300-Year-Old Shipwreck Coins

Florida treasure hunters recently discovered hundreds of coins from the 1715 Treasure Fleet, which sank off the state's east coast during a hurricane. Despite decades of salvaging, this significant find surprised the divers due to its unexpected quantity. The recovered artifacts, including 214 coins, are being cleaned of 300 years' worth of sea dust. The fleet had set sail from Cuba to Spain, laden with New World treasures, but was lost in a hurricane shortly after departure.

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