The Ever Evolving Loan Program

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Transcript The Ever Evolving Loan Program

The Ever Evolving Loan Program AFP Organization Charts

Virginia Assistive Technology Loan Fund Authority ATLFA

Lead Agency

: Virginia Department of Rehabilitative Services

Community-Based Organization

: ATLFA, a 501(c)(3), non-profit organization. Governor appointed 12 member Supervisory Board FT

Executive Director Lending Institution

SunTrust Bank

ATLFA Staff

FT Program Manager FT Lending Specialist PT Financial Director

Kansas Alternative Finance Organizational Chart Lead Agency (secured state and match funds) Kansas University - Assistive Technology Act Program

Implementing Agency (holds funds, operates program) Community Based Organization-501 (c) 3 Kansas Assistive Technology Cooperative (KATCO) In-house Office Staff 1 FTE Executive Director 1 FTE Executive Assistant 1 FTE AFP Coordinator .25 FTE Financial Consultant 1 FTE Telework Coordinator • 12 Member Advisory Board • Directs activities • Controls budget • Staff selection and evaluation • Program goals 3 - .25 FTE Consumer staff hired to review applications and make loan recommendations Financial Organizations • 2 Banks • 1 Credit Union Note: Lead and implementing agencies may be the same in some states.

Maryland Assistive Technology Guaranteed Loan Program (an agency of the State of Maryland – created by State statute) Organizational Chart

Lead Agency Maryland Department of Disabilities

Maryland Technology Assistance Program Division of Rehab Services Provides office space and other in-kind contributions Assistive Technology Guaranteed Loan Program

1 – FTE Director and 1 – FTE Assistant Director (administers ongoing, daily activities for the program) .25 FTE Office Manager provided by MDTAP (administers ongoing costs for ATGLP via Comptroller’s accounts)

ATGLP Board of Directors

• 12 Member Board • Directs the loan program • Oversees the budget • Provides program goals • Approves & declines loan guarantees

Lenders

• SECU • First Mariner • SunTrust

Central Collections Unit

• Collections for State of MD • Attempts recovery of funds paid out by ATGLP for loan guarantees

Pennsylvania Assistive Technology Foundation (PATF)

Pennsylvania’s Alternative Financing Program

Lead Agency

PA Department of Community and Economic Development

Community-Based Organization

PATF is a 501(c)(3), non-profit organization.

Governing Board of Directors (currently 18 members). Responsibilities include: establishing PATF policies/procedures, budgeting and fiscal monitoring, voting on loans that require the guarantee, supervising the Executive Director.

Executive Director (.75FTE)

PATF Staff

FT Assistant Director FT Program Assistant PT Operations Assistant PT Bookkeeper

Lending Institution(s )

The Utah Assistive Technology Foundation (UATF)

Utah’s Alternative Financing Program

Lead Agency

Utah State University Center for Persons with Disabilities Utah Assistive Technology Program

Community-Based Organization

The UATF is a 501(c)(3), non-profit organization.

Governing Board of Directors currently Include ten members (several individuals with disabilities who are also an attorney, I & R manager, and retired judge; parents (3); therapist; psychologist; bank manager; and VR specialist. Executive Director (PT)

UATF Staff

Loan Coordinator (PT) Marketing Coordinator (PT)

Lending Institution (Zions Bank)