$600 Billion Main Street Loan Program & Access to Capital for Black and Latino Businesses & Nonprofits
A representative of the Federal Reserve Board will overview the $600 billion-dollar Main Street Loan Program unveiled to counter the Pandemics major negative impact on the U.S. economy. The speaker will provide details on how Black & Latino small businesses and nonprofits can access low cost patient (5 year) capital from key banks that will allow them to rebuild/build up their businesses, to include affordable housing. A list of specific bank contacts that can be contact to access a Main Street Loan will be provided during this session.
Dell L. Gines is the senior community development advisor for the Federal Reserve Bank of Kansas City – Omaha Office. He focuses on innovative community development strategies designed to help transform rural and inner-city communities. Dell is a...