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The Pentagon and the North Carolina Office of the Commissioner of Banks are fighting a measure in the North Carolina legislature increasing the maximum fees lenders can charge on short-term loans, saying it allows lenders to take advantage of young service members and their families. The changes in House Bill 810 would double the annual interest rate charged on a 12-month, $1,000 loan from 37 percent to 76 percent …READ MORE
The Navy has awarded a state-funded project intended to improve the military value of Naval Submarine Base New London to a Connecticut firm, producing an immediate return on investment, Gov. Dannel Malloy said last week. “We are thrilled that the contract for this project has been awarded to a Connecticut firm that has agreed to use all local subcontractors …READ MORE
An interstate compact providing for the uniform treatment of military children transferring between school districts now has 36 member states, accounting for 78 percent of the nation’s military student population. DOD continues to work with the Military Interstate Children’s Compact Commission, state governments and national organizations to bring the remaining states on board …READ MORE
In at least two cases, DOD civilians whose jobs are relocating due to BRAC are twice as likely to move as workers in previous base closure rounds. Up to 65 percent of the 5,500 civilian workers at Fort Monmouth will move to Aberdeen Proving Ground, while about 50 percent of the 700-plus civilian staff at Army Materiel Command headquarters at Fort Belvoir have said they will to move to Redstone Arsenal in Huntsville …READ MORE
The draft version of the joint land use study for Joint Base McGuire-Dix-Lakehurst will include recommendations for reducing traffic congestion as well as auto accidents within a five-mile perimeter of the central New Jersey installation. The firm that is preparing the study looked at traffic counts and accident data to project road conditions and capacity in 2015 and 2035 …READ MORE
The National Weather Service determined that the tornado that swept through Little Rock Air Force Base, Ark., last week was an EF-2 in intensity with winds swirling from 111 to 135 mile per hour over a path that was five miles long and 1,000 feet wide. The tornado damaged more than 100 on-base housing units and tore the roofs off many buildings near the flightline …READ MORE
While service members and their families face a number of unmet needs, sometimes families are “overwhelmed with support,” hampering their ability to take advantage of available resources. “There’s so much information …READ MORE
The Port of Corpus Christi and the company that plans to turn the former Naval Station Ingleside into an offshore oil services complex are expected to agree Monday to contract terms over the purchase of the site located along the Texas Coastal Bend. Houston-based Canyon Supply and Logistics and the port signed a letter of intent in March to purchase a total of 910 acres of upland property for $102 million …READ MORE