COVID-19 Weekly Briefing - Innovative Small Business Relief Programs

During the April 3, 2020 Weekly COVID-19 Development Finance Briefing, experts from the North Carolina Rural Center, the Local Initiatives Support Corporation, and the New Orleans Business Alliance discussed their respective approaches to local financing programs to support small businesses.

Note: The audio may take several seconds to play due to the large size of the file.

CDFA COVID-19 Resource Center
CDFA COVID-19 Comprehensive Recovery Strategy
View All Briefings

Agenda

Opening Remarks - 0:00
Katie Kramer, Moderator
Vice President
Council of Development Finance Agencies

Covering:

• Development Finance responses to the COVID-19 crisis
• Recording from Weekly Briefing on March 27, 2020
• CDFA COVID-19 Resource Center

Local Programs to Address Small Business Relief - 5:11
Alejandra Guzman
Vice President of Performance Management & Strategy
New Orleans Business Alliance

Bill Taft
Senior Vice President
Local Initiatives Support Corporation

Patrick Woodie
President
North Carolina Rural Center

Covering:

• LISC COVID-19 Resources and Funds
• North Carolina Rapid Recovery
• New Orleans Business Alliance Relief Fund

Panel Discussion & Audience Questions - 33:10
Katie Kramer, Moderator

Covering:

• Fund capitalization sources and approaches
• Adjusting terms and rates
• Technical assistance to borrowers
• Partnerships with local lenders
• Advice for communities building their own programs

About the Weekly COVID-19 Development Finance Briefings

CDFA hosted weekly briefings about development finance COVID-19 news and resources. These one-hour phone calls featured legislative updates, news from our members, state and local financing strategies, and lessons learned from previous development finance responses to disasters. The briefings were held every Friday at 1:00 PM (Eastern) from March 27 - May 15, 2020

Learn More