Showing posts with label grants. Show all posts
Showing posts with label grants. Show all posts

2.17.2021

Update on Federal COVID Relief Funds and Legislation


By Gloria DULAN-Wilson

Hello All:

Update on Federal COVID Relief Funds and Legislation

Now that we have elected a new president, abd are embarking on undoing annd rectifying the pervasive damage we suffered under the twin evils of the pandemic and the T-rump misadministration, there are some changes you need to be aware of, as well as take advantage of. 


      ArtsVote Banner
  Visit our COVID-19 Arts Resources Page              SBA Website for COVID-19 Relief     
 
                                              February 11, 2021

Updates about current federal COVID-19 funding and new federal legislation being considered by Congress now.

Paycheck Protection Program (PPP) Forgivable Loans

If you’re still considering applying for either a First or Second Draw Paycheck Protection Program Loan, there are still funds available, but it’s going quickly. SBA reports that more than 1.29 million loans have already been approved, totaling $100.9 billion. Please remember that you do NOT need to submit your Forgiveness Application for last year’s PPP before you apply for a Second Draw this year. However, you do need to certify that you used the funds properly and that you incurred a reduction in gross receipts of at least 25% in any one quarter’s comparison between 2019 and 2020. Do not apply for a PPP if you plan to apply for a Shuttered Venue Operators Grant.

Future Legislation: Congress recommends appropriating an additional $7.25 billion in PPP funding in current legislation.

Shuttered Venue Operators (SVO) Grants

SBA has still not opened up the new SVO grants portal, but as I look into my crystal ball, I think it will go live within the next two weeks. As you know by now, demand is very high for this program with only $15 billion available. Here are some things you can do to get ready to apply as soon as possible, regardless of which Priority Category that you may fit into:

  1. If you or your organization does not already have a Dunn and Bradstreet DUNS Number, get one.
  2. Use your DUNS number to register in the federal government’s System for Award Management (SAM). You can’t simply use a Taxpayer or Employer ID Number to apply for an SVO grant. (Note: It could take up to two weeks to finalize a SAM registration.)
  3. Gather documents that demonstrate your number of employees and monthly revenues so you can calculate the average number of qualifying employees you had over the prior 12 months.
  4. Determine your gross earned revenue losses. It looks like SBA is going to use the Gross Earned Revenue definition to determine Priority Eligibility, but it’s not confirmed yet.
  5. Determine the extent of gross earned revenue loss you experienced between 2019 and 2020 on a quarterly basis.
  6. Make PDFs of additional information such as floor plans, contract copies and other evidence that will be needed to apply for an SVO grant.
  7. Sign up for a regional mailing list and webinar in your area and develop a direct relationship.
  8. Ask the SBA specific questions about SVO eligibility by e-mailing SVOGrant@sba.gov.

SVO Resources to Review:

Future Legislation: Congress recommends appropriating an additional $1.25 billion in SVO funding in current legislation.

Targeted EIDL Advances

Advance funds of up to $10,000 will be available to only applicants located in low-income communities who previously received an EIDL Advance for less than $10,000, or those who applied but received no funds due to lack of available program funding. Eligible applicants do not need to take any action at this time. Applicants will be contacted directly by SBA via email and they will first reach out to EIDL applications that already received a partial EIDL Advance (between $1,000 - $9,000). Applicants will need to prove at least a 30% loss in gross receipts during any 8-week period comparing 2019 and 2020.

Future Legislation: Congress recommends appropriating an additional $15 billion in Targeted EIDL Advance funding in current legislation.

National Endowment for the Arts (NEA) COVID Relief

Future Legislation: Congress recommends appropriating an additional $135 million each to the NEA and NEH in supplemental COVID-19 economic relief grants in current 2021 legislation.

Pandemic Unemployment Assistance

Future Legislation: Congress recommends extending temporary federal unemployment benefits from March 15, 2021 to August 29, 2021. The current legislation would also increase the weekly federal supplemental benefit from $300 to $400.

Direct Economic Stimulus Checks

Future Legislation: Congress recommends providing an additional $1,400 per taxpayer, phasing out at a 2019 Adjusted Gross Income of $75,000. Current legislation also recommends significantly expanding the Child Tax Credit to $3,000 per child ($3,600 for children under 6), which can be fully refundable and advanceable.

Health Insurance Assistance

Future Legislation: Congress recommends in current legislation:

  • Reducing health care premiums for low- and middle-income families by increasing the Affordable Care Act’s (ACA) premium tax credits for 2021 and 2022.
  • Supporting the continuation of employer-based health coverage by subsidizing COBRA coverage through September 30, 2021.
  • Creating health care subsidies for unemployed workers who are ineligible for COBRA.

Federal Tax Income Questions & Answers

  • PPP funds should NOT be included in your taxable income.
  • PPP covered expenses CAN still be deducted on your tax return.
  • IRS direct stimulus checks should NOT be included in your taxable income.
  • EIDL Advances should NOT be included in your taxable income.
  • EIDL Loans are debt that must be repaid. They should NOT be included in your taxable income.
  • CARES Economic Relief Funds that State and Local Governments re-granted to individuals and businesses SHOULD be included in your taxable income according to the IRS.
  • State and Federal Pandemic Unemployment Assistance SHOULD be included in your taxable income.
  • Employee Retention Credits CANNOT be taken on that portion of employee wages that were covered with a PPP forgivable loan.
  • It’s not confirmed yet, but similar to PPP, it appears SVO grants will NOT be included in your taxable income, but your covered expenses CAN still be deducted.

Upcoming SVO Webinar & Zoom Office Hours

We will email you with the new date and time for our second part webinar on SVO grants as soon as SBA releases its official guidelines. In the meantime, the Arts Action Fund posts all COVID-19 economic resources at www.ArtsActionFund.org/COVID19Resources.

Stay safe and stay tuned for more. In the meantime, join me for Zoom Office Hours with Nina every Friday at 10:00 am ET to answer your questions. You can also take action and contact your Members of Congress to pass this upcoming legislation.



Nina Ozlu Tunceli
Executive Director


NOW THAT YOU KNOW

WHAT ARE YOU GOING TO DO ABOUT IT?


Stay Blessed &

ECLECTICALLY BLACK


Gloria DULAN-Wilson






                                                  

 
 
 

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STAY BLESSED

8.15.2013

Philadelphia Mayor Michael Nutter Takes a Stand for Philadelphia Children/Education: A tale of 3 Mayors & One Yet to Be

Philadelphia Mayor Michael Nutter
By Gloria Dulan-Wilson

I've subtitled this "A Tale of Three Mayors an One Yet To Be," because I'm mindful of the fact that New York, New Jersey and Pennsylvania are contiguous states along the Eastern Seaboard, each with major cities of relevance to Black People - those being New York City, Newark, and Philadelphia, respectively.  

In each instance, there has been a major crisis in public school funding, while charter schools have proliferated; and unfortunately there has recently developed a deficit in funding support for public schools, while charter schools appear to thrive.  Within that context, New York mayor Bloomberg has engineered the closing of nearly 160 public schools throughout the five boroughs, much to the dismay of parents, educators and students alike.  There appears to be little to no regard on his part for the wishes, needs, and concerns of his constituency (I use the term lightly here, because in fact, Bloomberg's constituency really only include the uber rich)

However, in contrast, both Mayor Cory Booker and Mayor Michael Nutter have taken a much more intelligent approach, one that takes into consideration the needs of the students, as well as the wishes and concerns of the constituents, and have taken a stand that sends notice to all that they are determined to work to the benefit of all of their city, not just a privileged few.  In Mayor Booker's case, he was able to obtain matching grant funding from major corporations (including Facebook) to the tune of $400 Million, which not only makes it possible to hire competent educators (not just teachers), but upgrade the equipment, material and supplies - as well as infrastructure - of the current schools. 


Mayor Michael Nutter's stance on saving Philadelphia schools is likewise to be applauded.  I am sharing a press release with you, below, that I received from his office.   It shows that he puts the interests and concerns of his people first.  It would be great if the two mayors (Booker and Nutter) could collaborate on how to also obtain grant funding in order to have to mitigate future loans - but in the interim, Mayor Nutter is not sitting on his hands, or his laurels, and lamenting over budgetary issues.  He's digging in his heels and making it happen so that students will return to school on September 9 to a safe, sane and scholarly environment.
Newark Mayor Cory Booker
New York Mayoral Candidate William "Bill" Thompson (2013)

Kudos to  Cory Booker (who, by the way just won the Democratic nomination to be the first African American US Senator from New Jersey - hope there is a suitable successor to step in and carry Newark forward - Newark, heads up - you need to already have some one in mind (RAS BARAKA) so that you don't end up with a "rep-ugh-blican" mayor - get busy.  To be forewarned is to be fore 
armed.

And kudos to Mayor Michael Nutter for standing walking your talk. 

New York City is now faced with a dilemma, hype, subterfuge, divide and conquer in an all too crowded primary to determine who is going to move this city forward.  I think if you look at the last 12 years, it should be obvious that the only person who can and will take this city forward is Bill Thompson.  He's the former New York City comptroller, and has worked intimately in the Board of Education.  He's of and from the community - knows who and what and where we live, and more importantly WHY.  The three greatest cities on the eastern seaboard deserve the best - it's time New York City elected someone who will really put her first, as these other two exemplary mayors, Cory Booker and Michael Nutter, have done consistently.  NYC Voters: Don't miss your opportunity to do something great.


STAY BLESSED &
ECLECTICALLY BLACK
Gloria Dulan-Wilson

The Press Release from Mayor Nutter's Office follows: 


City of Philadelphia


    MAYOR'S OFFICE OF COMMUNICATIONS


MAYOR NUTTER’S REMARKS ON PHILADELPHIA SCHOOL FUNDING CRISIS
  Philadelphia, August 15, 2013 – Mayor Michael A. Nutter, joined by City officials, announced a plan for the City of Philadelphia to borrow $50 million on behalf of the School District to ensure that the schools will open safely and on time for the 2013-14 school year.  Prepared remarks below, check against delivery:

“A week ago, Superintendent William Hite said Philadelphia public schools could not safely open on Sept. 9 without a firm commitment of $50 million so that he can hire back about 1,000 School District employees between now and then.

Today, as Mayor of this great City, I’m here to say I WILL NOT RISK A CATASTROPHE. We WILL avoid this disaster. 
 
 I am committing to our students, parents and citizens today that schools are going to open on time and safely on Sept. 9th. Children are going to continue their education.

I am not going to let this crisis ruin the start of what is certainly a promising school year, and it’s clear to me that a majority of Council members, even with different ideas now being discussed, want the same one thing – that schools open on time AND safely.

Therefore, I am taking executive action today on behalf on our City to end this current crisis and uncertainty.

There are a number of ways to try to accomplish this goal – a borrowing, a grant, a loan or even the purchase of school buildings or school tax liens – each has its own requirements, complications and challenges.

I’ve evaluated all of the options and their respective impacts on the City’s finances.

As a result of these evaluations, I am today now directing the City Finance Director, the City Treasurer and the Budget Director to begin immediately to take all necessary steps to conduct a City borrowing of $50 million on behalf of the School District. I believe this mechanism is the best way to immediately get these needed dollars to the School District with virtually no financial impact on our City.

If Council approves a sales tax bill consistent with what’s been approved in Harrisburg, or any other legislation, it will give the City access to $15 million a year to repay the borrowing.

If Council fails to act, either the costs of the borrowing will be borne by our City’s General Fund and unfortunately it causes significant deficits for the City, or even worse, deprive our schoolchildren of a sustainable funding source because of a dispute over how best to solve our City pension problems.

Our school children did not create the City pension problem nor are they responsible for the School District’s funding problems. They should not suffer as we try to resolve it. They should not be pawns in a political chess match of leverage and strategy.

The State legislation, while not perfect, does provide $400 million to our Pension Plan over the next 10 years, while also providing $600 million in education funding over the course of the next 5 years. These are significant new funds for education AND pensions.

Second, today, I will have this letter hand delivered to Dr. Hite, informing him of the City’s commitment and asking him to immediately begin the process of hiring back the thousand or so school district employees whose return will ensure that schools open on time and safely.

Third, today, we will also hand deliver to City Council and the Chief Clerk proposed legislation to implement the sales tax extension consistent with what was done in Harrisburg.

This legislation will also include language that if the General Assembly changes the distribution of sales tax revenue to an equal split between the School District and the city pension fund, then that too would be authorized by Council with passage of that particular piece of legislation.

And I agree that the sales tax should be split between the City and School District IF, if the cigarette tax is passed in Harrisburg.

The bottom line is that we need to take action now and make commitments now in order to avoid chaos.

I will continue to work with Council President Clarke and members of City Council to take the necessary steps to support our School District in the short term while we all work with our State Legislators and our Governor on a long-term, stable and recurring financial plan for funding the education of our young people.

And so,  I’m also calling upon all elected officials, school advocates, the business community, our religious communities, our parents and anyone concerned about the City’s future and its economic well-being to work together with cities and towns all across the Commonwealth on developing a new education funding formula that takes into account the student population and their needs and challenges.

Pennsylvania needs to join the other 47 states that use such student-based formulas to fund education.

Let this effort be the cause that unites us all across the Commonwealth. I believe this cause is a significant part of what quality education is all about. And if we’re successful, it’s this kind of long-lasting work of which we can all be proud.

But let me be clear at this moment, my message today is focused on tomorrow’s deadline and on Sept. 9th. We are taking these actions because Philadelphia children and their parents and their hopes for a brighter future are not going to be shattered by indecision, fear or doubt.

As Mayor, it’s my duty to keep Philadelphia on track and moving forward and that’s what I’m doing today.

On Monday morning, Sept. 9, I expect that we’ll all be ringing school bells at schools all across the City with Philadelphia school children, their teachers, administrators and other staff. We’re going to kick off a great year of enrichment and discovery on that day.

To the parents of Philadelphia school children, I have heard you clearly and I understand your concerns, and that’s why I’m taking this action today on behalf of our children.

Young minds are preparing for greatness in our grand and beloved City. We must meet our challenges head-on, that is our path forward. I anticipate that day, and with today’s commitment we’ll have the necessary funding and staff – safe and ready to go on Sept. 9th.

Thank you.”

This is the example of a mayor who cares, takes action, and takes stands.   Just thought you'd like to know, since we are now faced in New York City with electing a new mayor.  This is also a continuous endorsement for Bill Thompson for Mayor of New York City. That is if you want someone who is going to stand for you, who resonates to your concerns and works with you to rectify them.  Who has been in the trenches, gotten out, and blazed a trail in the process so that others can do likewise.  Don't fool yourself that you can do otherwise.  You have to make it your business to vote for your own enlightened self interest - and you have a very short time to wake up and come to this realization.   

Stay Blessed &
ECLECTICALLY BLACK
Gloria Dulan-Wilson






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