Stakeholder Bulletins
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FRB Requests Feedback on the Nonprofit Organization New Loan Facility and the Nonprofit Organization Expanded Loan Facility
The Federal Reserve established the Main Street Lending Program to support lending to small and medium-sized businesses. The Main Street Lending Program now includes two proposed facilities designed to support lending to nonprofit organizations: the Nonprofit Organization New Loan Facility (NONLF) and the Nonprofit Organization Expanded Loan Facility (NOELF). As the proposals are finalized, the Federal Reserve and the Treasury are seeking feedback from lenders, borrowers, and other stakeholders to make the Program as efficient and effective as possible, while also safeguarding taxpayer funds.
Apply today to work directly with Activate Fund grant and award recipients!
Calling ALL for-profit, nonprofit and/or independent contractors who provide professional consulting services! Co.act Detroit is seeking professional service providers to apply to work directly with new grantees/awardees of the Activate […]
Number of working Black business owners decline
Number of working black business owners falls 40 percent, far more than other groups amid coronavirus By Hannah Knowles May 25, 2020 at 8:00 a.m. EDT The number of working […]