Latest COVID Related News & Updates

Webinar – State of the Community: Project Better Together

Today's live webinar with community leaders discusses Project Better Together – a public/private/non-profit joint initiative to help our community recover from the impact of the COVID-19 pandemic and build a transformed future with greater economic diversity, growth,...

SBA Reopens EIDL for all Eligible Businsess

The SBA is now accepting new applications for Economic Injury Disaster Loans and Advance. In response to the COVID-19 pandemic, small business owners in all U.S. states, Washington D.C., and territories are able to apply for an Economic Injury Disaster Loan advance of...

U.S. Chamber Updates Guide to PPP Loan Forgiveness

The U.S. Chamber recently updated their PPP guide to reflect recent substantive changes made by Congress and the administration to the PPP program to provide borrowers with more flexibility. These changes include: Extending the time to spend PPP funds from 8 weeks to...

Federal Reserve Board Expands its Main Street Lending Program

The Federal Reserve Board on Monday expanded its Main Street Lending Program to allow more small and medium-sized businesses to be able to receive support. The Board lowered the minimum loan amount, raised the maximum loan limit, adjusted the principal repayment...

Better Together Statement + Media Coverage: For Immediate Release

Today’s Iowa City Press-Citizen headline in no way represents the incredibly peaceful and respectful protests that took place last night in our community. We understand that this headline is largely the result of their parent company’s decimating cuts to this...

Paycheck Protection Program Changes

Last night, the US Senate passed the House’s version (HR7010) of updates to the Paycheck Protection Program. With respect to PPP loans, HR 7010 does the following: Creates a floor of 5 years for loan maturity. Extends the covered period for obtaining and using a loan...

Iowa Eviction & Foreclosure Prevention Program

Governor Reynolds has allocated federal CARES Act funds to assist Iowans who have been economically impacted by COVID-19 and may be facing housing hardships. This program will provide short-term relief to income-eligible renters and homeowners who are at risk of...

Governor Reynolds Relaxes Additional Restrictions

Today, Governor Reynolds signed a new proclamation continuing the Public Health Disaster Emergency until June 25, 2020. As previously stated, bars, wineries, distilleries, and social clubs may reopen May 28th with the same public health measures as restaurants. In...

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