The Federal Reserve wants to hear from you. Now, more than ever, we need to elevate community voices to inform meaningful actions. We want to hear from you and learn how the pandemic is affecting your community. In April, the Federal Reserve System conducted a survey to better understand the range of challenges facing under-resourced and low-income communities as an effect of COVID-19. The findings are available in Perspectives from Main Street: The Impact of COVID-19 on Communities and the Entities...

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“Perspectives from Main Street: The Impact of COVID-19 on Communities and the Entities Serving Them,” (CLICK HERE) summarizes a nationwide survey of nonprofit organizations, financial institutions, government agencies and other community organizations. The survey was conducted in April 2020 with nearly 3,900 respondents serving rural, suburban and urban communities. Key findings include: • Nearly 7 out of 10 respondents indicated that COVID-19 was a significant disruption to the economic conditions of the communities they serve and that recovery is expected to be...

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April 26, 2020 | • Plan Will Be Implemented in Phases and Based on Regional Analysis and Determinations • State Will Closely Monitor Hospitalization Rate and Public Health Impact During Each Phase of Re-Opening and Will Adjust Plan and Make Other Decisions Based on Those Indicators • Confirms 5,902 Additional Coronavirus Cases in New York State - Bringing Statewide Total to 288,045; New Cases in 48 Counties Amid the ongoing COVID-19 pandemic, Governor Andrew M. Cuomo today outlined a phased plan to re-open New York and re-imagine a new...

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With daily updates about the economic impact of the Coronavirus (COVID-19) on businesses and questions about the relief offered by the U.S. Government agencies, EACC has put together an overview of state and federal relief available to offset economic losses. American & European small and medium size businesses are facing an unprecedented economic disruption due to the COVID-19 outbreak Congress has put together various loan programs to help those businesses. Concrete as a first step the U.S. President signed into...

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March 30, 2020 As a result of the coronavirus outbreak, New York State, New Jersey, and Connecticut have closed nonessential businesses and schools and asked residents to stay home in an effort to slow the spread of the virus. These actions are unprecedented, and the economic impacts are likely to be temporary but severe, and difficult to track and measure. With conditions changing so rapidly, timely data on the economic impacts of the outbreak and resultant policies on businesses and...

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