New York Governor Kathy Hochul announced a conceptual budget agreement, six days past the date the budget was due. The total budget for FY 2023 is currently estimated at around $220 billion, based on a preliminary assessment of the negotiated changes to the Executive proposal. This Hochul’s first budget as governor and only one before the election in […]
SBA Pilot Program Targeting Access to Capital for Underserved Entrepreneurs Expanded
Vice President Kamala Harris and Administrator Isabella Casillas Guzman, head of the US Small Business Administration (SBA) announced reforms to the agency’s Community Advantage (CA) loan program, a key SBA tool for Community Development Financial Institutions (CDFIs), Community Development Companies (CDCs), microlenders and other critical mission-based lending partners, that prioritizes equitable access to capital for […]
Multi-State Agreement Signed with Major Hydrogen Ecosystem Partners to Propose a Regional Clean Energy Hydrogen Hub
Governor Kathy Hochul announced that New York has signed a multi-state agreement, including with an initial group of 40 hydrogen ecosystem partners, to develop a proposal to become one of at least four regional clean energy hydrogen hubs designated through the federal Regional Clean Hydrogen Hubs program included in the Bipartisan Infrastructure Investment and Jobs […]
US DOT Announce $2.9 Billion in Infrastructure Grants
US Transportation Secretary Pete Buttigieg announced $2.9 billion of funding now available for major infrastructure projects through a combined Notice of Funding Opportunity (NOFO) under the Bipartisan Infrastructure Law. The National Infrastructure Project Assistance (MEGA) program was created in the Bipartisan Infrastructure Law to fund major projects that are too large or complex for traditional […]
Consumers for Fair Legal Funding
Also known as “litigation funding”, “pre-settlement funding,” or even “car accident loans”, lawsuit lending is the practice of advancing to individuals who are suing over injuries a portion of their potential legal recoveries while their case is pending. Because the industry is completely unregulated, lenders, often deep-pocketed hedge funds, can charge ruinous interest rates as […]