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President Trump Announces Guidelines for Opening Up American Economy
FOR IMMEDIATE RELEASE
April 16, 2020
U.S. PRESIDENT, DONALD TRUMP: Guidelines Opening Up America Again
PHASE 1:
INDIVIDUALS
EMPLOYERS
SPECIFIC TYPES OF EMPLOYERS
PHASE 2: FOR STATES AND REGIONS WITH NO EVIDENCE OF A REBOUND AND THAT SATISFY THE GATING CRITERIA A SECOND TIME
INDIVIDUALS
EMPLOYERS
SPECIFIC TYPES OF EMPLOYERS
PHASE THREE: FOR STATES AND REGIONS WITH NO EVIDENCE OF A REBOUND AND THAT SATISFY THE GATING CRITERIA A THIRD TIME
INDIVIDUALS
EMPLOYERS
SPECIFIC TYPES OF EMPLOYERS
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ABC’s of Reporting: Value of Reporting to Multiple Payers Simultaneously | Wednesday, April 22, 2020 – 2:00 pm
In this valuable learning session, DDAP will show you how all of the outcome measure requirements of major reimbursement models overlap with one another and how you can take advantage of this to maximize reimbursement. They will discuss how to reduce burden to staff who are responsible for capturing the data, and also discuss tools for how to adapt your reporting as the behavioral health reimbursement process evolves.
The Federal Reserve is requesting comments on the Main Street Loan Program by the end of business today. The comment portal is open until tonight, April 16, on the Federal Reserve website. The Main Street Loan Program provides support for businesses and nonprofits. This is an opportunity for RCPA members with over 500 employees to advocate for assistance.
Talking Points for Comments:
As the Treasury Department works to create a program as directed under the CARES Act section 4003(c)(3)(D), to provide financing to banks and other lenders to make loans to nonprofits and other mid-size business of between 500–10,000 employees, we request that the program:
Many nonprofits employ more than 500 employees and have not been able to access the Paycheck Protection Program, which contains loan forgiveness provisions that are critical to these organizations, and necessary to help ensure they will be able to continue to provide services during the crisis and assist with our nation’s recovery efforts when the crisis is over.
Charitable nonprofits are the third largest employer in our nation’s economy and are valued problem solvers. The recommendations above will help to keep these organizations financially strong and allow them to continue to meet the immediate needs of their communities, while planning for the future when many of their services will be needed most. Nonprofit organizations are our country’s only institutions solely focused on making communities stronger. In the toughest times, we do the toughest work. When it’s time to restore and repair our wellbeing, these community-based institutions need to be equipped to do that as well and their unique needs should not be overlooked.
Question, please contact Jack Phillips.
FOR IMMEDIATE RELEASE
April 15, 2020
Harrisburg, PA – Today, Department of Community and Economic Development (DCED) Secretary Dennis Davin announced the forbearance of loans administered by DCED.
“This pandemic has presented new and unforeseen challenges to Pennsylvania’s businesses, and the Wolf Administration has been committed to supporting our business community to the fullest extent every step of the way,” said Sec. Davin. “This extended deferral will help ease the burden on small businesses and enable them to focus and prioritize their efforts as we work to mitigate the spread of COVID-19 in the commonwealth.”
Next week, Governor Tom Wolf and Sec. Davin will request loan deferrals for all borrowers with the Ben Franklin Technology Development Authority, the Commonwealth Financing Authority (excluding PENNWORKS program loans), the Pennsylvania Industrial Development Authority, and the Pennsylvania Minority Business Development Authority.
In March, DCED took the emergency executive step of halting April payments, late fees, and accruing interest for these loans. This additional forbearance will apply to May and June payments to include no accrual of interest or fees. Automatic payments will be halted and borrowers paying by check will not be required to submit payment until the scheduled July payment. As a result of the forbearance, the maturity of the loans will be extended for three months.
Resources and information for businesses is regularly posted to http://dced.pa.gov/resources. The U.S. Small Business Administration, in addition to local funding partners, may also be a source of assistance for affected businesses.
Businesses seeking further guidance and clarification from DCED can contact its customer service resource account at ra-dcedcs@pa.gov. For the most up-to-date information on COVID-19, Pennsylvanians should follow www.governor.pa.gov and www.doh.pa.gov.
MEDIA CONTACT: Casey Smith, casesmith@pa.gov
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