Thu 1:00 PM |
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Thu 1:00 PM - 1:10 PM |
ACCESS TO CAPITAL & COMMUNITY DEVELOPMENT DURING COVID
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Thu 1:10 PM - 2:10 PM |
Rapid Response Strategies for Supporting Small Businesses
Development finance agencies mobilized resources and launched new programs to help small businesses when many of them had to close their doors suddenly at the start of the pandemic. This session will highlight rapid response strategies deployed by DFAs, including loan and grant programs, technical assistance, and coordination with federal resources. Speakers will share their approaches for identifying sources of capital, repositioning organizational priorities, and marketing new or existing programs to support local businesses. Sponsor
Moderator(s)
Speaker(s)
- Erin Baca, Alaska SSBCI Equity Fund Director, Alaska Small Business Development Center
- Alejandro Contreras, Director of Preparedness, Communication and Coordination, U.S. Small Business Administration
- Darla Garrett, Director, Maryland Department of Commerce
- Florence Kingston, Director of Development, City of Newport News
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Thu 2:10 PM - 3:10 PM |
Long-term Recovery Solutions for Community Development
The COVID-19 pandemic has gravely impacted our communities through job loss, halted development projects, and rapid closures of small businesses. COVID-19 has also unveiled weaknesses in supply chains and increased demands for local community facilities. During this session, we will discuss financing approaches that are being taken to ensure long lasting, sustainable recovery for local community facilities, food systems infrastructure, affordable housing, and other community development projects. Sponsor
Moderator(s)
Speaker(s)
- Kevin Boes, President & Chief Executive Officer, NMSC, Local Initiatives Support Corporation
- Matthew Dalbey, Director, Office of Community Revitalization, U.S. Environmental Protection Agency
- Jenny Ryan
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Thu 3:10 PM - 3:30 PM |
Break
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Thu 3:30 PM - 4:45 PM |
Investing in Equity (the Social Kind)
Hundreds of programs have sprung up this year at the federal, state, and local levels to combat the negative economic impact of the COVID-19 pandemic. Despite these efforts, many minority and women owned businesses have been left behind due to trouble with applications, lack of banking relationships, and other barriers that arise with traditional lending. During this session, we will take a look at how the COVID-19 crisis has exacerbated pre-existing social and racial inequality in the lending community and how communities can work to improve access to capital for women and minority owned businesses using tools like Opportunity Zones, New Markets Tax Credits, SBA backed loans, and more.
Moderator(s)
Speaker(s)
- James Carras, Principal, Carras Community Investment, Inc.
- Anisha Murphy, Director of Community Advancement, Community Reinvestment Fund, Inc.
- Ladell Robbins, Managing Director, BlackRock
- Jennifer Wilhelm, Director of Commercial Lending, Urban Redevelopment Authority of Pittsburgh
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Thu 4:45 PM - 5:00 PM |
Closing Discussion
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