California is expected to move into the next fiscal year, which begins July 1, 2022, with a whopping $31 billion surplus, according to estimates from the independent Legislative Analyst’s Office (LAO).
South L.A. residents lined up on October 29, at the field office of Councilmember Curren Price, Jr. to apply for the BIG:LEAP – the Basic Income Guaranteed: Los Angeles Economic Assistance Program. The citywide program, which accepts applications until November 7, will provide 3,000 recipients with $1,000 per month for 12 months with no-strings-attached or conditions on how the funds must be spent.
Congresswoman Maxine Waters joined Speaker of House of Representatives Nancy Pelosi on August 12 to discuss the advancement of the Child Tax Credit implemented this year.
State Treasurer Fiona Ma and Small Business Majority, an advocacy organization founded by and for small business owners, are hosting a webinar to share information about the new entrepreneurship programs included in the California Comeback Plan. It will be held at 1:00 p.m., Wednesday, Aug. 25.
Guap Foundation today announced the launch of a campaign to raise funds to invest in underserved minority communities around the country.
Are you considering buying your first home, but unsure where to start? Purchasing a home is one of the biggest financial decisions a person can make, and the path to ownership may feel confusing for many first-time buyers. Thankfully, it doesn’t have to be. Chase bank can help you navigate the homebuying process so getting the keys to your first home may be closer than you think.
Harper discusses new advancement in financial literacy and freedom designed for the Black and Brown community.
On Wednesday, June 2, JPMorgan Chase Chief Executive Officer Jamie Dimon, visited the new community center branch; he described the cultural evolution of Chase and how the institution looks to become a pillar of growth in the Crenshaw community.
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.”
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.
As a social worker with the Denver Public Library, part of Sonia Falcon’s job is to help people in East Denver use government services and benefits. But she’s never seen anything like the unemployment case that has consumed her work since February.
Bank of America Community Development Banking, in partnership with Enterprise Community Partners, is investing $60 million – $30 million in loans and $30 million in equity financing – to support Enterprise’s Equitable Path Forward, a five-year initiative to help facilitate racial equality in housing.
Delivering the financial document to the City Council on April 20, the mayor indicated his top interests include addressing the homelessness crisis, investing in small businesses, upgrading opportunities for young people and improving the quality of life for many Angelenos by implementing a guaranteed basic income pilot program.
Robert Villarreal is the Chief External Affairs Officer for the Los Angeles Branch of the CDC Small Business and Finance Program. Villareal is unapologetic about his passion for creating financial opportunities to local businesses and people in communities of color.
Small Los Angeles County businesses in the personal care and retail sector can apply for $10,000 grants starting April 5, county officials announced March 31.