Recording now available. Congress just passed a 5,000-page package of Covid relief and new federal spending – the first pandemic relief legislation in almost 8 months. The package includes the largest
Hear directly from New York small business owners how NDC is helping them through the COVID crisis--and find out how NDC can help your small business.
Crain’s New York Business: Here’s an under-the-radar government loan program that could save your small businessNovember 23, 2020
"Ann Finnegan, a director at the National Development Council, a nonprofit that helps small businesses with financing, said the loan program is the most attractive package available for small businesses at a time when federal relief has run dry and Washington has been unable to agree on further assistance."
Post-election, there is a lot of legislative work for Congress to complete in the remaining weeks of the 116th session. In addition to the unknowns of the current health pandemic and economic fallout, the outcome of the election on the White House and Congress will have a big impact on how and when there will be deals on another round of COVID-19 relief, tax extenders, and Fiscal Year (FY) 2021 appropriations.
Due to the continued uncertainty regarding the coronavirus (COVID-19), NDC made the decision earlier this month to postpone all open, in-person classes for the remainder of 2020. At the same time – we’re committed to delivering all of our scheduled training sessions for 2020 through online formats to ensure that our students can build the development finance skills they need to serve their communities, their organizations and their careers.
Under the Paycheck Protection Program (PPP) loans may be forgiven if borrowers use the proceeds to maintain their payrolls and pay other specified expenses. The Treasury Department and Small Business Administration recently released an eleven-page borrower application form and instructions for loan forgiveness. People have a lot of questions.
NDC is a partner in a new program that will target small businesses in New York State focusing on WMBEs, non-profits, and small landlords that did not receive Federal COVID-19 assistance.
An Overview of the PPP Application Requirements
Recording: Opportunity Zone Updates in WA State: Final Regulations & Investing in Uncertain Economic Times webinarApril 3, 2020
This webinar provides an overview of Opportunity Zones (including the final regulations released in December 2019), discusses projects that have taken place in Washington State, and goes on a deep dive into Marina Square, an OZ project in Bremerton, Washington. Recorded on Thursday, April 2nd.
In light of the COVID-19 crisis, communities, small businesses, nonprofits, and community development professionals are facing unprecedented challenges. Small businesses and nonprofits are struggling to stay afloat and retain employees, communities are being forced to reevaluate how they maintain operations and best serve their citizens, and economic development professionals are trying to stay up-to-date with the current federal efforts to rescue families and small businesses.