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ABIC applauds Treasury Secretary Steven Mnuchin and Congressional Small Business Champions on $10 billion PPP Set-Aside for CDFIs to Reach Underserved and Small Businesses of Color

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Coalition continues to push for MDI inclusion, extension of the processing period to Dec. 31st, the move from 8 weeks to 24 weeks for forgiveness, and automatic forgiveness for smaller loans

In a win for underserved and minority-owned small businesses and nonprofits across the nation, today U.S. Treasury Secretary Steven Mnuchin and SBA Administrator Jovita Carranza announced a new $10 billion set-aside in funds through the federal Paycheck Protection Program (PPP) for Community Development Financial Institutions (CDFIs) in order to increase access to the Program for businesses of color, sole proprietors, growers, and other underserved communities. [Read more…] about ABIC applauds Treasury Secretary Steven Mnuchin and Congressional Small Business Champions on $10 billion PPP Set-Aside for CDFIs to Reach Underserved and Small Businesses of Color

Industry Experts Weigh In on “Next Normal” in Real Estate Market After COVID-19

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A panel of leading industry experts on Wednesday discussed the challenges and unique approaches for addressing the “next normal” in real estate – navigating housing through the various market lockdowns and the transition to a virtual delivery system for services as a result of the COVID-19 coronavirus pandemic. [Read more…] about Industry Experts Weigh In on “Next Normal” in Real Estate Market After COVID-19

Florida Leaders Applaud Governor Ron DeSantis’ Safe. Smart. Step-by-Step. Plan for Florida’s Recovery

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State officials and Florida leaders representing businesses, health care, fitness centers, and theme parks, today applauded Governor Ron DeSantis’ Safe. Smart. Step-by-Step. Plan for Florida’s Recovery Full Phase 1 Plan. [Read more…] about Florida Leaders Applaud Governor Ron DeSantis’ Safe. Smart. Step-by-Step. Plan for Florida’s Recovery

ICA Carter Statement on Capitol Preferred Insurance Company Cancellation of 23,000 Homeowners Insurance Policies

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Florida’s Insurance Consumer Advocate (ICA) Tasha Carter today released the following statement on Capitol Preferred Insurance Company’s cancellation of more than 23,000 homeowners insurance policies as the 2020 hurricane season approaches. [Read more…] about ICA Carter Statement on Capitol Preferred Insurance Company Cancellation of 23,000 Homeowners Insurance Policies

Florida’s Housing Market Shows Median Prices, Closed Sales Up in 1Q 2020

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Impact of Coronavirus Pandemic, Statewide Stay-at-Home Began in March

In the first quarter of 2020, Florida’s housing market reported higher median prices and more closed sales compared to a year ago, though the coronavirus pandemic’s impact on the state’s economy and real estate markets began to emerge in mid-March, according to the latest housing data released by Florida Realtors®. [Read more…] about Florida’s Housing Market Shows Median Prices, Closed Sales Up in 1Q 2020