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Transcripts For CSPAN2 Hearing On Coronavirus Pandemic Access To Financial Services For... 20240712

Chambers testify about their concerns. From february until april of 2020. But the closure rates for minority owned businesses are significantly higher with 41 of blackowned businesses, 32 of latino acts owned businesses and 22 of asian businesses. They closed over the same time frame. Now, in april of this year the federal return bank of new york reported that minority and women owned businesses are significantly more likely to show signs of limited Financial Health and are twice as likely to be classified as at risk for distress then nonminorities Small Businesses. Further, companies are three times likely as healthy businesses to close because of [inaudible]. The pcp program established under the cares act and administered by the Small Business administration and treasury as funding lifeline for distressed businesses ....

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Transcripts For CSPAN2 Hearing On Coronavirus Pandemic Access To Financial Services For... 20240712

Now in april this year the Federal Reserve bank in new york reported that minority and women owned businesses are significantly more likely to show signs of limited Financial Health and more likely to be classified as at risk for distress the nonminority Small Businesses. Further companies are three times likely as Healthy Business to close because of a two month the ppps program established under the cares act and administered by the Small Business administration and treasury for distress with responded to the covid19 pandemic. Recent analysis of the color of change in the United States found only one in ten africanamerican owned businesses received t ....

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Transcripts For CSPAN2 Housing 20240702

On Economic Opportunity. They discuss needed investment in underserved low income communities and bridging the gap between rental markets and homeownership. This runs an hour and 20 minutes. Good afternoon. Id like to call the subcommittee on housing transportation and Community Development committee to order. I want to thank you as always, senator, to you and your staff for working with us on this hearing, which will focus on Community Development Financial Institutions or cdfis and how specifically cdfis can promote Housing Development and Economic Opportunity. I think that both the senator and i believe that everyo ....

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Transcripts For CSPAN2 Housing 20240702

On Economic Opportunity. They discuss needed investment in underserved low income communities and bridging the gap between rental markets and homeownership. This runs an hour and 20 minutes. Good afternoon. I would like to call the subcommittee on housing, transportation and Community Development to order. I want to thank you as always, you and your staff are working with us on this hearing, which will focus on Community Development Financial Institutions and how specifically cdf is can promote housing developer intent Economic Opportunity. I think that we all believe that everyone in this country should have the freedom and opportunity to build the lives that they want, that t ....

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Transcripts For CSPAN2 Housing 20240703

Or anytime, cspanshop. Org. Cspan is your unfiltered view of government funded by these Television Companies and more including media. Com. Com we believe whether you live here or here or way out in the middle of anywhere you should have access to fast reliable internet. That is why we are leading the way. Edia. Com supports cspan as a Public Service with other Television Providers giving you a front row seat to democracy. Next, ceos from community, lending, and develop and organizations testify on the impact organizations have on Economic Opportunity. They discuss needed investment in low income communities and bridging the gap between rental markets and home ownership. This runs an hour and 20 minutes. Good afternoon. I would like to call the sub ....

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