Photo by: Office of Senator Kaplan Senator Anna M. Kaplan (D-North Hills), Chair of the New York State Senate Committee on Commerce, Economic Development, and Small Business, introduced legislation, S.6397, to speed up the process of establishing the COVID-19 Pandemic Small Business Recovery Grant Program, a new, $800 million flexible recovery grant program being made available to small businesses who suffered pandemic related hardship over the past year. The funding to create the grant program was included in the recently enacted State budget, with a provision that Empire State Development, the State s economic development agency, would craft the parameters of the program and develop a means of facilitating applications and disbursement to needy small businesses.
Federal Home Loan Bank Of New York Announces First Quarter 2021 Operating Highlights
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NEW YORK, April 28, 2021 /PRNewswire/ The Federal Home Loan Bank of New York ( FHLBNY ) today released its unaudited financial highlights for the quarter ended March 31, 2021. One year ago, amid as volatile and uncertain a market as we have ever experienced, our members looked to the Federal Home Loan Bank of New York for liquidity support at the onset of the COVID-19 pandemic, said José R. González, president and CEO of the FHLBNY. In the year since, the FHLBNY has remained a stable and reliable partner to our members and the communities we serve, as reflected in our results for the first quarter of 2021. From the liquidity provided through our advances to the secondary market support offered through our Mortgage Asset Program and to the tangible community impact made through our Affordable Housing Program, Homebuyer Dream Pr
Federal Home Loan Bank Of New York Announces First Quarter 2021 Operating Highlights prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
SHARE ON: A Humpback whale. (Brigitte Werner, Pixabay)
Industry leaders are worried that the province’s tourism investments may not be able to save some businesses in time.
B.C.’s major tourism and hospitality sectors say that while they welcome the funding announced during Tuesday’s budget, it may not be enough to save some businesses until such time travel restrictions are lifted, and inter-provincial and international travellers can once again visit the province.
Ian MacPhee works for Vancouver Island’s Prince of Whales Whale Watching and is also a director with the Tourism Industry Association of B.C. (TIABC).
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On April 7, 2021, the Legislature passed and sent to the Governor the bills constituting the 2021-22 budget legislation (the Budget ). New York’s lawmakers had exhibited considerable restraint in the recent past, generally keeping spending increases and thus revenue increases at about the level of inflation. But pent-up spending demand, the COVID pandemic, one-party control of the Senate and Assembly, and a fiscally-conservative Executive perceived as politically weakened, resulted in lawmakers muzzling spending restraint, at least for the next few years. And with the spending increases comes a panoply of revenue-raisers which, given the already unprecedented exodus of wealthy taxpayers from New York over the past year, makes one wonder who will be left to pay such taxes!