SURREAL VALECITY
  • Surreal ValeCity online media
  • August 16 2022 Edition
    • Musikfest Major Problems and Issues
    • Melody Cruz Musikfest 2022 Review
    • The Audio Files Musikfest 2022 review
    • Slingshot Dakota Musikfest 2022 Review
    • Bethlehem Mayor J William Reynolds Interview Request
    • Martin on Main Festival 2022
    • Passion Exhibit Gallery Arte Azulejo
    • Kickoff to Christmas Press Conference Bethlehem
    • Blues Brews and BBQ 2022
    • Elections 2022 >
      • Kelly for Alaska >
        • Tshibaka Time for a Change Constitutional Rights
        • Murkowski Continues Charade Pressing Haaland
        • Kelly Tshibaka Statement Planned Trump Rally
        • Tshibaka Statement Supreme Court Ruling Abortion
        • Tshibaka Blasts Gun Control Deal
        • Murkowski Embraces Gun Control Package
        • Murkowski Erode 2nd Amendment Rights
        • Tshibaka Endorsed by Harold Hamm
        • Jimmy Carter Lisa Murkowski Create Obstacles
        • Tshibaka Murkowski Gross Disregard Workers
        • Kelly Tshibaka Leaked Draft Supreme Court
    • Gov Ivey Launch Small Business Grant Program
    • Gov Ivey Progress Report Attainment Goal
    • Covid Influenza Update July 3 - 9
    • 988 Suicide Crisis Lifeline
    • DHSS Becomes DOH and DFCS
    • Covid Influenza Update June 19 - 25
    • Covid Influenza Update June 26-July 2
    • Covid Flu Update June 12 - June 18
    • Gov Hutchinson Addresses Latino Leaders
    • Gov Hutchinson Reacts Revenue Report
    • Gov Hutchinson Building a Culture of Reading
    • Governor Announces Appointment Bill Jones
    • Governor Lauds Roe Reversal
    • Gov Hutchinson Weekly Address Supporting Teachers
    • Gov Lamont Support Small Business Growth
    • Gov Lamont Addressing Motor Vehicle Theft
    • Gov Lamont Seven New Technology Programs
    • Gov Lamont Update Coronavirus Response July 14
    • Gov Lamont Enabling Crucial Federal Support
    • Gov Lamont Statement Resignation Secretary Merrill
    • Gov Lamont Children Free Admission Museum
    • Gov Lamont Gas Tax Holiday Extended
    • Gov Lamont Appoints Mark Kohler
    • Gov Lamont Appoints Joann Ryan
    • Gov Lamont Statement West Virginia v EPA
    • Gov Lamont Update Coronavirus Response June 30 2022
    • Gov Lamont Commission Plan 250th Anniversary
    • Gov Lamont ParkConneCT Program
    • Gov Lamont Covered Connecticut Expands
    • Gov Lamont Appoints Kimberly Martone
    • Gov Lamont Flags Lowered Shinzo Abe
    • Gov Lamont Flags Lowered Highland Park
    • Gov Lamont Launch ReEmployCT
    • Gov Lamont Update Coronavirus Response July 7
    • Gov Lamont Oasis Pro Markets Expansion
    • Gov Lamont Invite Businesses States Restricting
    • Gov Lamont Minimum Wage Increase
    • Gov Lamont Update Coronavirus Response June 24
    • Gov Lamont Statement Roe v Wade
    • Gov Lamont New Credit Card Fees Waived
    • Baker Polito Vendor Public Safety Radio System
    • Gov Baker Nominates Julie A Lowre
    • Gov Baker Appoint Jordan M Maynard
    • Baker Polito Increases Visibility Executive Branch
    • Gov Baker Nominates Jason Yu-Ting Chan
    • Senior Advocacy Groups Urge Tax Cuts
    • Gov Baker Protect Reproductive Health Care
    • Baker Polito Further Improvement Supply Delivery
    • Baker Polito Supreme Court Gun Ruling
    • Gov Whitmer Appointments to Bench July 12
    • Time Names Detroit Greatest Places 2022
    • Gov Whitmer Budget Investments Public Safety
    • Gov Whitmer Refusing to Extradite Women
    • Gov Whitmer Disaster Declaration Ostego County
    • Gov Whitmer Fix Roads Eaton Houghton
    • Gov Whitmer Monthly Jobs Report July 2022
    • Gov Whitmer Signs 4th Balanced Budget
    • Gov Whitmer Fix Roads 13 Counties
    • Gov Whitmer Clean Water Grants Six Communities
    • Task Force Juvenile Justice Reform
    • Gov Whitmer Signs 900th Bipartisan Bill
    • Gov Whitmer Renaming Highways Fallen Officers
    • Gov Whitmer Growing Maritime Economy
    • Gov Whitmer Appointments Commissions July 19
    • Gov Whitmer Michigan Parents Council
    • Gov Whitmer Signs Education Budget
    • Lt Gov Gilchrist 6 million Investment Students
    • Gov Whitmer Projects Grow Life Sciences
    • Gov Whitmer Bonuses Childcare Professionals
    • Gov Whitmer AmeriCorps Funding Strengthen Communities
    • Gov Whitmer Congress Lower Healthcare Costs
    • Gov Whitmer Growing MI Business Program
    • Gov Whitmer Women Reproductive Health Care
    • Gov Whitmer Food Legislation Boosting Economy
    • Gov Whitmer Expanding Water Infrastructure Funding
    • Gov Whitmer Appointments Commissions June 30
    • Gov Whitmer Fix Damn Roads Macomb
    • Gov Whitmer Joint Statement Budget Deal
    • Gov Whitmer Celebrates Passage Balanced Budget
    • Gov Whitmer Celebrates Bipartisan Budget
    • Gov Whitmer Investments Connected Communities
    • Gov Whitmer Fix Roads Allegan
    • Gov Whitmer Helping Michigan Distilleries
    • Gov Whitmer Lowers Flags Victims Highland Park
    • Gov Whitmer MDHHS Launch Public Effort
    • Gov Whitmer Record Education Budget Investments
    • Gov Whitmer Fix Roads Berrien
    • Gov Whitmer Business Expansion Flint
    • Gov Whitmer Seeking Reproductive Health Care
    • Gov Whitmer Roundtable with Parents
    • Gov Whitmer Death Loren Courts
    • Lt Gov Gilchrist Thriving Seniors Tour
    • Gov Whitmer Bridge Projects Ingham
    • Gov Whitmer Immediate Consideration Abortion Lawsuit
    • Gov Whitmer HOLO Footwear Headquarters Grant Rapids
    • Gov Whitmer Lower Health Care Costs
    • Gov Whitmer Fix Roads Berrien
    • Gov Whitmer Motion Right to Abortion
    • Gov Whitmer Dobbs v Jackson
    • Gov Whitmer Infrastructure Grants 2 Businesses
    • Gov Parson Embark Trade Mission Germany
    • Gov Parson 988 Suicide Crisis Line
    • Gov Parson Signs HB 1878
    • Gov Parson Signs HB 2116
    • Gov Parson State Operating Budget Bills
    • Gov Parson Signs Eight Bills July 1
    • Gov Parson Issues Legislative Vetoes
    • Gov Parson 5 Appointments July 8
    • Gov Parson Three Judicial Appointments July 8
    • Gov Parson 9 Pardons June 2022
    • Gov Parson Increasing Kansas City Police Budget
    • Gov Parson End Elective Abortions
    • Vaccination Data Newly Eligible Population >
      • Gov Sisolak 2022 State of State Address
      • Reno Center Open Support Child Care Providers
      • Gov Sisolak Launches Nevada Climate Series
      • Gov Sisolak Strengthening Reproductive Health Care
      • Helmsley Charitable Trust Brings Virtual Crisis Care
      • Gov Sisolak Calling on Congress
      • First Lady Kathy Sisolak Gives Keynote Address
      • Gov Sisolak Flags Half Staff Abe Shinzo
      • Gov Sisolak Flags Half Staff Highland Park
      • Susan Brown Retiring Governor Finance Office
      • Gov Sisolak Appointments June 2022
      • Gov Sisolak Statement Sandra Douglass Morgan
      • Gov Sisolak Launches Child Care Fund
      • Governor First Lady Tour STEP2
    • Gov Sisolak Appoints Maria Gall
    • Extreme Heat Centralizes Available Resources
    • Gov Sisolak Joins Reproductive Rights Activists
    • Summer's Here College Settlement Camp Open
    • See Me Roots Open Call Submissions
    • SeeMe Passion Grand Prize Winner
    • Meet Esteban Toro First Judge Roots
    • Roots Strength Beneath the Surface
    • Roots Reflections of Total Selves
    • Roots Open Call Judge Iliana Hoyos
  • Supporting ALL Law Enforcement
  • Thanks to the sponsors
  • Staff and Contact Information
  • Archive 2022
    • Arts
    • Dining Out
    • Editorials
    • Events
    • Festivals
  • Archives 2021
    • Community >
      • Feeding the Homeless Philadelphia
  • Archives 2020
  • Archives 2016 - 2019
  • A Valley and Beyond
Are you looking for a shipping solution? Maybe you need to change freight carriers? Find out what the hard working and reliable people at Team Worldwide can do over land, sea and air
Tweet

​Baker-Polito Administration Unveils $275M COVID-19 Economic Relief Package to Promote Equity and Economic Growth

Picture
BOSTON – Today, the Baker-Polito Administration unveiled a COVID-19 economic recovery package to generate economic growth amidst the COVID-19 pandemic. The $275 million package, designed to promote equity across the Commonwealth, is an update to the Administration’s Act Enabling Partnerships for Growth, the economic development legislation originally filed on March 4, 2020.
 
The original legislation was the product of a nearly year-long economic development planning process last year, and the now $275 million proposal represents a targeted package of investments across three core areas: housing, community development, and business competitiveness. In response to the dramatically different economic landscape due to the COVID-19 pandemic, the Administration will ask the Legislature to consider an amended scope for several of the proposed programs, reallocate funding among proposed authorizations, and establish new tools to promote equity and drive economic growth.
 
“By funding more affordable housing, implementing critical zoning reform, stabilizing neighborhoods, and supporting minority-owned businesses with record levels of funding, these proposed changes will bring critical relief and promote equity across Massachusetts amidst the COVID-19 pandemic,” said Governor Charlie Baker. “We look forward to working with our partners in the Legislature to advance this legislation and give communities, especially those most in need, the tools and support they require to move forward.”
 
“This legislation will help to stabilize the neighborhoods and communities that were hardest hit and bring new tools to bear to promote equity and drive economic growth,” said Lt. Governor Karyn Polito, co-chair of the Economic Development Planning Council. “The feedback we received last year, along with the realities that we are seeing during this pandemic, have informed this legislation and our revised proposal, and we are grateful to the Legislature for their consideration.”
 
This afternoon, Secretary of Housing and Economic Development Mike Kennealy will testify during a virtual hearing before the Joint Committee on Economic Development and Emerging Technology, highlighting the need for the legislation, and explaining the Administration’s proposed changes.
 
To address the new realities brought on by COVID-19, while continuing to address the opportunities and challenges already identified in the Partnerships for Growth economic development plan, this package proposes to:
 
  • Amend the scope of several proposed programs, to target funding towards specific communities including those hardest hit by COVID-19
 
  • Reallocate funding among proposed authorizations, to better address the significant economic impacts of COVID-19 and to help provide a path for recovery, particularly for those most devastated by the pandemic
 
  • Establish new tools to promote equity and drive economic growth in communities and among businesses facing barriers to entry in areas like state contracting
 
To do so, the Administration is proposing allocating an additional $15 million for neighborhood stabilization (for a total of $40 million) to invest in blighted and distressed homes. This funding, paired with collaboration and engagement with community organizations and municipalities, will bring safe, affordable housing units back on the market.
 
Women, minority, veteran, and immigrant small business owners face disproportionate challenges to accessing capital to grow their enterprises. During the COVID-19 pandemic, gaps worsened for businesses that have not been able to take advantage of federal programs. To allow the state to invest in more small businesses overall, especially those owned by underrepresented populations, and to leverage greater federal and private investment dollars, the Administration is recommending increasing funding for Community Development Financial Institutions (CDFIs) by $25 million (for a total of $35 million), a record increase in this program. These grants to small business lenders allow CDFIs to serve entrepreneurs in underserved populations with financial services, technical assistance, and credit building opportunities.
 
To help address the disproportionate challenges to accessing early stage business financing, the Administration is asking the Legislature to triple funding for grants to support micro businesses from a total of $5 million to $15 million. Massachusetts Growth Capital Corporation (MGCC) recently launched a pilot program called Biz-M-Power, which offers 1:1 matching grants and technical assistance to microbusinesses (fewer than 20 employees) who have successfully crowdsourced up to $10,000 in seed capital.
 
“We have an opportunity with this 5-year plan to focus even more of our housing, community development, and business competitiveness efforts on equity and recovery as Massachusetts continues to weather the impacts of the COVID-19 pandemic,” said Secretary of Housing and Economic Development Kennealy. “This legislation and our recommended updates tackle the housing crisis through targeted reforms and funding, and invests in the people and places who need support the most, and we look forward to getting this done.”
 
The legislation also includes the language of An Act to Promote Housing Choices, the Administration’s bill to advance new housing production in Massachusetts, to promote equitable access to opportunity, and to support the administration’s goal to produce 135,000 new housing units by 2025. An Act Enabling Partnerships for Growth includes these Housing Choice provisions to enable cities and towns to adopt certain zoning best practices through a simple majority vote rather than the current two-thirds supermajority.
 
An Act Enabling Partnerships for Growth was originally filed in March of 2020. For more details, click here.
Picture
Into the Myst Metaphysical Shoppe
Powered by Create your own unique website with customizable templates.
  • Surreal ValeCity online media
  • August 16 2022 Edition
    • Musikfest Major Problems and Issues
    • Melody Cruz Musikfest 2022 Review
    • The Audio Files Musikfest 2022 review
    • Slingshot Dakota Musikfest 2022 Review
    • Bethlehem Mayor J William Reynolds Interview Request
    • Martin on Main Festival 2022
    • Passion Exhibit Gallery Arte Azulejo
    • Kickoff to Christmas Press Conference Bethlehem
    • Blues Brews and BBQ 2022
    • Elections 2022 >
      • Kelly for Alaska >
        • Tshibaka Time for a Change Constitutional Rights
        • Murkowski Continues Charade Pressing Haaland
        • Kelly Tshibaka Statement Planned Trump Rally
        • Tshibaka Statement Supreme Court Ruling Abortion
        • Tshibaka Blasts Gun Control Deal
        • Murkowski Embraces Gun Control Package
        • Murkowski Erode 2nd Amendment Rights
        • Tshibaka Endorsed by Harold Hamm
        • Jimmy Carter Lisa Murkowski Create Obstacles
        • Tshibaka Murkowski Gross Disregard Workers
        • Kelly Tshibaka Leaked Draft Supreme Court
    • Gov Ivey Launch Small Business Grant Program
    • Gov Ivey Progress Report Attainment Goal
    • Covid Influenza Update July 3 - 9
    • 988 Suicide Crisis Lifeline
    • DHSS Becomes DOH and DFCS
    • Covid Influenza Update June 19 - 25
    • Covid Influenza Update June 26-July 2
    • Covid Flu Update June 12 - June 18
    • Gov Hutchinson Addresses Latino Leaders
    • Gov Hutchinson Reacts Revenue Report
    • Gov Hutchinson Building a Culture of Reading
    • Governor Announces Appointment Bill Jones
    • Governor Lauds Roe Reversal
    • Gov Hutchinson Weekly Address Supporting Teachers
    • Gov Lamont Support Small Business Growth
    • Gov Lamont Addressing Motor Vehicle Theft
    • Gov Lamont Seven New Technology Programs
    • Gov Lamont Update Coronavirus Response July 14
    • Gov Lamont Enabling Crucial Federal Support
    • Gov Lamont Statement Resignation Secretary Merrill
    • Gov Lamont Children Free Admission Museum
    • Gov Lamont Gas Tax Holiday Extended
    • Gov Lamont Appoints Mark Kohler
    • Gov Lamont Appoints Joann Ryan
    • Gov Lamont Statement West Virginia v EPA
    • Gov Lamont Update Coronavirus Response June 30 2022
    • Gov Lamont Commission Plan 250th Anniversary
    • Gov Lamont ParkConneCT Program
    • Gov Lamont Covered Connecticut Expands
    • Gov Lamont Appoints Kimberly Martone
    • Gov Lamont Flags Lowered Shinzo Abe
    • Gov Lamont Flags Lowered Highland Park
    • Gov Lamont Launch ReEmployCT
    • Gov Lamont Update Coronavirus Response July 7
    • Gov Lamont Oasis Pro Markets Expansion
    • Gov Lamont Invite Businesses States Restricting
    • Gov Lamont Minimum Wage Increase
    • Gov Lamont Update Coronavirus Response June 24
    • Gov Lamont Statement Roe v Wade
    • Gov Lamont New Credit Card Fees Waived
    • Baker Polito Vendor Public Safety Radio System
    • Gov Baker Nominates Julie A Lowre
    • Gov Baker Appoint Jordan M Maynard
    • Baker Polito Increases Visibility Executive Branch
    • Gov Baker Nominates Jason Yu-Ting Chan
    • Senior Advocacy Groups Urge Tax Cuts
    • Gov Baker Protect Reproductive Health Care
    • Baker Polito Further Improvement Supply Delivery
    • Baker Polito Supreme Court Gun Ruling
    • Gov Whitmer Appointments to Bench July 12
    • Time Names Detroit Greatest Places 2022
    • Gov Whitmer Budget Investments Public Safety
    • Gov Whitmer Refusing to Extradite Women
    • Gov Whitmer Disaster Declaration Ostego County
    • Gov Whitmer Fix Roads Eaton Houghton
    • Gov Whitmer Monthly Jobs Report July 2022
    • Gov Whitmer Signs 4th Balanced Budget
    • Gov Whitmer Fix Roads 13 Counties
    • Gov Whitmer Clean Water Grants Six Communities
    • Task Force Juvenile Justice Reform
    • Gov Whitmer Signs 900th Bipartisan Bill
    • Gov Whitmer Renaming Highways Fallen Officers
    • Gov Whitmer Growing Maritime Economy
    • Gov Whitmer Appointments Commissions July 19
    • Gov Whitmer Michigan Parents Council
    • Gov Whitmer Signs Education Budget
    • Lt Gov Gilchrist 6 million Investment Students
    • Gov Whitmer Projects Grow Life Sciences
    • Gov Whitmer Bonuses Childcare Professionals
    • Gov Whitmer AmeriCorps Funding Strengthen Communities
    • Gov Whitmer Congress Lower Healthcare Costs
    • Gov Whitmer Growing MI Business Program
    • Gov Whitmer Women Reproductive Health Care
    • Gov Whitmer Food Legislation Boosting Economy
    • Gov Whitmer Expanding Water Infrastructure Funding
    • Gov Whitmer Appointments Commissions June 30
    • Gov Whitmer Fix Damn Roads Macomb
    • Gov Whitmer Joint Statement Budget Deal
    • Gov Whitmer Celebrates Passage Balanced Budget
    • Gov Whitmer Celebrates Bipartisan Budget
    • Gov Whitmer Investments Connected Communities
    • Gov Whitmer Fix Roads Allegan
    • Gov Whitmer Helping Michigan Distilleries
    • Gov Whitmer Lowers Flags Victims Highland Park
    • Gov Whitmer MDHHS Launch Public Effort
    • Gov Whitmer Record Education Budget Investments
    • Gov Whitmer Fix Roads Berrien
    • Gov Whitmer Business Expansion Flint
    • Gov Whitmer Seeking Reproductive Health Care
    • Gov Whitmer Roundtable with Parents
    • Gov Whitmer Death Loren Courts
    • Lt Gov Gilchrist Thriving Seniors Tour
    • Gov Whitmer Bridge Projects Ingham
    • Gov Whitmer Immediate Consideration Abortion Lawsuit
    • Gov Whitmer HOLO Footwear Headquarters Grant Rapids
    • Gov Whitmer Lower Health Care Costs
    • Gov Whitmer Fix Roads Berrien
    • Gov Whitmer Motion Right to Abortion
    • Gov Whitmer Dobbs v Jackson
    • Gov Whitmer Infrastructure Grants 2 Businesses
    • Gov Parson Embark Trade Mission Germany
    • Gov Parson 988 Suicide Crisis Line
    • Gov Parson Signs HB 1878
    • Gov Parson Signs HB 2116
    • Gov Parson State Operating Budget Bills
    • Gov Parson Signs Eight Bills July 1
    • Gov Parson Issues Legislative Vetoes
    • Gov Parson 5 Appointments July 8
    • Gov Parson Three Judicial Appointments July 8
    • Gov Parson 9 Pardons June 2022
    • Gov Parson Increasing Kansas City Police Budget
    • Gov Parson End Elective Abortions
    • Vaccination Data Newly Eligible Population >
      • Gov Sisolak 2022 State of State Address
      • Reno Center Open Support Child Care Providers
      • Gov Sisolak Launches Nevada Climate Series
      • Gov Sisolak Strengthening Reproductive Health Care
      • Helmsley Charitable Trust Brings Virtual Crisis Care
      • Gov Sisolak Calling on Congress
      • First Lady Kathy Sisolak Gives Keynote Address
      • Gov Sisolak Flags Half Staff Abe Shinzo
      • Gov Sisolak Flags Half Staff Highland Park
      • Susan Brown Retiring Governor Finance Office
      • Gov Sisolak Appointments June 2022
      • Gov Sisolak Statement Sandra Douglass Morgan
      • Gov Sisolak Launches Child Care Fund
      • Governor First Lady Tour STEP2
    • Gov Sisolak Appoints Maria Gall
    • Extreme Heat Centralizes Available Resources
    • Gov Sisolak Joins Reproductive Rights Activists
    • Summer's Here College Settlement Camp Open
    • See Me Roots Open Call Submissions
    • SeeMe Passion Grand Prize Winner
    • Meet Esteban Toro First Judge Roots
    • Roots Strength Beneath the Surface
    • Roots Reflections of Total Selves
    • Roots Open Call Judge Iliana Hoyos
  • Supporting ALL Law Enforcement
  • Thanks to the sponsors
  • Staff and Contact Information
  • Archive 2022
    • Arts
    • Dining Out
    • Editorials
    • Events
    • Festivals
  • Archives 2021
    • Community >
      • Feeding the Homeless Philadelphia
  • Archives 2020
  • Archives 2016 - 2019
  • A Valley and Beyond