Some Upbeat News for Black Businesses Still Reeling From Pandemic Losses
“It’s a state of disrepair. They need significant support,” said Tara Lynn Gray, director of the California Office of the Small Business Advocate.
“It’s a state of disrepair. They need significant support,” said Tara Lynn Gray, director of the California Office of the Small Business Advocate.
CEO says the memory of his grandfather is the fuel that inspires him to make Lendistry the largest African American lead community lending institution in the country.
I see the $6 trillion price tag on the Biden legislation as more of an investment than simple spending. A better-educated workforce earns more money, pays more taxes. A healthier workforce means less absenteeism, more efficiency, and productivity. Quality childcare means more women in the workforce —millions of women left in the wake of COVID. The investment makes sense to build our labor force back better.
Monthly payments will begin on July 15 for the Child Tax Credit in President Biden’s American Rescure Plan
The Biden-Harris Administration is announcing additional steps to end discrimination and bias in the housing market. “More than 50 years since the Fair Housing Act’s passage, access to wealth through homeownership remains persistently unequal,” administration officials stated. “In his first week in office, President Biden issued a memorandum directing the U.S. Department of Housing and Urban Development (HUD) to address discrimination in our housing market.”
Governor Gavin Newsom today launched “Vax for the Win,” a new multi-faceted vaccine incentive program designed to motivate Californians to get their vaccination leading up to the state’s reopening on June 15. The incentives aim to give an extra nudge to those who still need to get vaccinated against COVID-19, especially those in hard-to-reach communities, while also thanking everyone who has already been vaccinated.
Depending on where they stand, a number of political leaders in California either praised or pushed back on Gov. Gavin Newsom’s $ 267.8 billion budget proposal for fiscal year 2021-22. The plan includes a broad range of high-dollar investments intended to help the state’s struggling economy recover from the COVID-19 pandemic.
California Gov. Gavin Newsom last week announced a $100 billion economic recovery plan to support small businesses and public schools, as well as Black and Brown families that were disproportionately impacted by the COVID-19 pandemic.
But many renters, including Black Californians who lease residential property, may not know about the state’s new CA COVID-19 Rent Relief program or they may not have details on how to apply for the available assistance. Other advocates say some renters could simply be confused because there are multiple rental relief programs at the county or city level to help renters.
Athennia, 10, Eric Jr., 9, and Aliyiah, 7, know that when there is a storm or a wildfire, their father, Eric Jones, a field supervisor for Southern California Edison – Opens in new window, is going to be very busy and may be called out to work at night.
“With vaccine eligibility now expanded to Californians 16 and older, our safe reopening and strong recovery will require an ongoing commitment to vaccine access and to a safe workplace for everyone, as more and more Californians get back to work,” said the state officials.
The 11.3% rate was still well above the pre-pandemic rate of 5.4% in March 2020.
After more than a year of COVID-19, the nation’s collective ability to cope with dual public health and economic crises has diminished many consumers’ ability to remain financially stable. While this February’s national employment report by the Bureau of Labor Statistics showed a net gain of 379,000 jobs and white unemployment dropped to 5.6%, there was no corresponding improvement for Black and Latino workers. Instead, unemployment was respectively higher at 9.9% and 8.5%.
General Motors officials said it would be more productive to host a series of meetings involving a more extensive mix of Black-owned media publishers and executives. “To ensure that our conversations are both substantive and constructive, we are going to postpone and reschedule it into a series of smaller conversations that take place over the next few weeks,” GM global Chief Marketing Officer Deborah Wahl told the executives.
The leaders say California has not lived up to its commitment to equitably include African American contractors and businesses in the state’s ongoing infrastructure investments.