Financial Stability Advocacy — $25 million JET Fund needs Perry signature

Last May, we wrote about the Financial Stability advocacy efforts of our friends at Austin Interfaith. They worked this legislative session to get bills passed and signed that will help keep our economy here in Central Texas strong.

Now the three bills that would create the “Jobs for Education for Texas” (JET) Fund are awaiting Gov. Perry’s signature. From the Statesman’s POSTCARDS blog:

Capital IDEA, the Austin branch, has seen a surge in activity during the past 10 months, organizers said. At a program orientation last month, some 150 of the city’s jobless crammed into the auditorium of an East Austin church.

About 650 use the highly selective program a year to obtain a job in nursing, technology or green energy, said Doug Greco, lead organizer for Austin Interfaith. If Perry approves the fund, Capital IDEA could handle about 300 more students a year, he said.

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