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14 Jan 2021
Housing and Urban Development’s (HUD) Opportunity Zones program that has helped distressed neighborhoods and disadvantaged Americans across the United States should continue in some form under a Joe Biden presidency, experts say.
President-Elect Biden’s transition team did not respond to Breitbart News’s inquiry, but according to HUD, Biden’s campaign platform, and a real estate investor involved in the program, its benefits should lead to its continuation.
For background, Opportunity Zones was created under the Tax Cuts and Jobs Act of 2017, shepherded and signed into law by President Donald Trump and, under the direction of Secretary Ben Carson, it has resulted in providing housing and infrastructure for approximately 31.3 million Americans across all 50 States, the District of Columbia, and five U.S. territories.
CONTACT: Frank Fortin
202.223.7189; ffortin@aphanet.org
WASHINGTON, DC – Statement of Scott J. Knoer, executive vice president and CEO of the American Pharmacists Association:
Employer contributions to health insurance plans and retirement plans
And more
PPP funds used for payroll and other compensation expenses are still restricted to a maximum of $100K on an annualized basis per employee.
PPP Loan Forgiveness Form Now Available for $150,000 Loans
During the first round of stimulus funding, 3508EZ forgiveness application forms for PPP loans were available only to those small businesses that had gotten loans of $50,000 or less.
Considering the lengthy duration of the ongoing pandemic, small businesses have been clamoring for additional aid to help see them through the winter months. To help streamline access to that aid, Congress has made it easier for businesses to apply for up to $150,000 in loan forgiveness.