NV-04

U.S. Rep. Horsford and FHLBank San Francisco Celebrate Grand Opening of Affordable Housing Project in Rural Nevada

Retrieved on: 
Mittwoch, April 24, 2024

Grant funding was awarded through a partnership with FHLBank San Francisco’s member institution, Pacific Premier Bank, and Nevada Rural Housing Authority, the mission-driven housing finance agency that developed Hafen Village Apartments.

Key Points: 
  • Grant funding was awarded through a partnership with FHLBank San Francisco’s member institution, Pacific Premier Bank, and Nevada Rural Housing Authority, the mission-driven housing finance agency that developed Hafen Village Apartments.
  • In the inaugural year of its AHP Nevada Targeted Fund, FHLBank San Francisco awarded $4.8 million to Nevada-based affordable housing groups to create or rehabilitate more than 260 affordable housing units.
  • In addition to the Nevada Targeted Fund, FHLBank San Francisco has allocated $850,000 to help the Nevada Housing Coalition build capacity for affordable housing development through enhanced training and technical assistance programs aimed at expanding housing options for Nevadans.
  • “Partnerships with FHLBank San Francisco and Nevada Rural Housing Authority are integral to our Bank’s commitment to addressing daily challenges within our communities.”
    Hafen Village, managed by Blue Bird Property LLC, joins Nevada Rural Housing Authority’s portfolio of 13 affordable housing communities located throughout the rural and frontier parts of the state.

Industry Orgs Applaud Bill to Boost Bars, Restaurants and Venues with Draft Systems

Retrieved on: 
Montag, März 11, 2024

The CHEERS Act would provide a tax deduction for bars, restaurants and entertainment venues with draft beer systems to help revitalize hospitality establishments still struggling years after the pandemic.

Key Points: 
  • The CHEERS Act would provide a tax deduction for bars, restaurants and entertainment venues with draft beer systems to help revitalize hospitality establishments still struggling years after the pandemic.
  • This bipartisan bill will support these local establishments by incentivizing the expansion of tap lines and keg equipment on commercial premises.
  • “The CHEERS Act would boost not only our smaller bars, clubs and entertainment venues but also many of our casinos, hotels and arenas.
  • And we will reduce waste created by using smaller, disposable containers at many restaurants, bars and other venues.

Congressman Horsford Applauds Federal Home Loan Bank of San Francisco’s Initiatives to Close Racial Wealth Gap Through Innovative Mortgage Finance Solutions

Retrieved on: 
Dienstag, Februar 20, 2024

SAN FRANCISCO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco commends Congressman Steven Horsford's (NV-04) unwavering commitment to closing the racial wealth gap and promoting homeownership opportunities for all communities.

Key Points: 
  • SAN FRANCISCO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco commends Congressman Steven Horsford's (NV-04) unwavering commitment to closing the racial wealth gap and promoting homeownership opportunities for all communities.
  • Horsford, the Chair of the Congressional Black Caucus, spoke at the Bank’s Innovations in Mortgage Finance Symposium and celebrated the Bank’s announcement to accept VantageScore 4.0 for mortgage collateral originated by its lenders.
  • “At FHLBank San Francisco, we are dedicated to narrowing the black homeownership gap and breaking down systemic barriers to financial inclusion.”
    In recent public comments , Congressman Horsford, a member of the House Financial Services Committee, emphasized the significance of homeownership in building intergenerational wealth.
  • “Homeownership is one of the most meaningful and substantive ways that families build intergenerational wealth in America,” said Congressman Horsford.

Readout of SBA Administrator Guzman’s Visit to Las Vegas with Vice President Harris, Second Gentleman Emhoff

Retrieved on: 
Sonntag, Januar 28, 2024

Number: RO24-03 Follow us on X, LinkedIn , Facebook , & Instagram

Key Points: 
  • Number: RO24-03 Follow us on X, LinkedIn , Facebook , & Instagram
    Readout of SBA Administrator Guzman’s Visit to Las Vegas with Vice President Harris, Second Gentleman Emhoff
    Visit highlighted the Biden-Harris Administration’s Small Business Boom, celebrated new SBA rule to increase economic opportunity for returning citizens
    LAS VEGAS, NV – On Jan. 27, Administrator Isabel Casillas Guzman , head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, traveled to Las Vegas with Vice President Kamala Harris and Second Gentleman Douglas Emhoff to highlight the Biden-Harris Administration’s commitment to inclusive economic empowerment and opportunity for entrepreneurs and small business owners.
  • Upon arriving in Las Vegas, Administrator Guzman and Vice President Harris joined U.S. Rep. Steven Horsford (NV-04) and Eric Morrissette, Interim Under Secretary of Commerce for Minority Business Development Agency (MBDA), for a visit to The Chef Jeff Project.
  • As part of that rule change, the SBA will also remove questions about criminal history from its loan applications.
  • For follow-up interview requests for Administrator Guzman, please contact Rebecca Galanti at [email protected] .

TOMORROW: SBA Administrator Guzman to Visit Las Vegas with Vice President Harris, Second Gentleman Emhoff

Retrieved on: 
Freitag, Januar 26, 2024

WASHINGTON, Jan. 26, 2024 (GLOBE NEWSWIRE) -- On Saturday, January 27, Administrator Isabel Casillas Guzman , head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s cabinet for America’s more than 33 million small businesses, will join Vice President Kamala Harris and Second Gentleman Douglas Emhoff in Las Vegas to highlight the Biden-Harris Administration’s commitment to uplifting small businesses and supporting entrepreneurship.

Key Points: 
  • WASHINGTON, Jan. 26, 2024 (GLOBE NEWSWIRE) -- On Saturday, January 27, Administrator Isabel Casillas Guzman , head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s cabinet for America’s more than 33 million small businesses, will join Vice President Kamala Harris and Second Gentleman Douglas Emhoff in Las Vegas to highlight the Biden-Harris Administration’s commitment to uplifting small businesses and supporting entrepreneurship.
  • There, the leaders will discuss a forthcoming SBA rule that makes it easier for America’s returning citizens to start and run a small business.
  • This event is open to credentialed members of the media who have already RSVPed with the Office of the Vice President.
  • Administrator Guzman will then join Second Gentleman Emhoff in visits to local Native Hawaiian and Pacific Islander-owned small businesses to learn about the state of the AAPI-owned small business landscape under this Administration.

Readout of SBA Administrator Guzman’s Federal Contracting Events in Baltimore and Silver Spring, Maryland

Retrieved on: 
Donnerstag, Oktober 26, 2023

Since 2020, the number of loans, total loan dollars, and overall share of loans going to Black-owned businesses have all more than doubled since 2020.

Key Points: 
  • Since 2020, the number of loans, total loan dollars, and overall share of loans going to Black-owned businesses have all more than doubled since 2020.
  • On Friday, Administrator Guzman joined Congressman Glenn Ivey (MD-04) for a panel to discuss the small business impacts of the SCOTUS decision on affirmative action.
  • court case has impacted the SBA’s 8(a) business development program and what guidance the SBA is offering 8(a) participant firms in light of a recent injunction.
  • For follow-up interview requests for Administrator Guzman, please contact Rebecca Galanti at [email protected].

Readout of SBA Administrator Guzman’s Participation in Events with Congressional Black Caucus Foundation

Retrieved on: 
Dienstag, September 26, 2023

WASHINGTON, Sept. 26, 2023 (GLOBE NEWSWIRE) -- U.S. Small Business Administrator Isabella Casillas Guzman participated in multiple events and panels at the Congressional Black Caucus Foundation’s 52nd Annual Legislative Conference to discuss how the SBA and Biden-Harris Administration are promoting equity across the small business landscape and supporting Black entrepreneurs.

Key Points: 
  • WASHINGTON, Sept. 26, 2023 (GLOBE NEWSWIRE) -- U.S. Small Business Administrator Isabella Casillas Guzman participated in multiple events and panels at the Congressional Black Caucus Foundation’s 52nd Annual Legislative Conference to discuss how the SBA and Biden-Harris Administration are promoting equity across the small business landscape and supporting Black entrepreneurs.
  • Before the start of the conference, Administrator Guzman joined Axios reporter Eugene Scott for a fireside chat to unpack the unique challenges facing minority-owned small businesses, highlight how the SBA is prioritizing equity across SBA programs, and discuss outreach to Black communities to increase awareness of SBA opportunities.
  • Later in the day, she joined Congressional Black Caucus Chair Steven Horsford (NV-04) at a press conference to announce that the SBA has achieved record lending rates to Black-owned small businesses under the Biden-Harris Administration.
  • On Friday, Administrator Guzman joined Congressman Glenn Ivey (MD-04) for a panel to discuss the small business impacts of the SCOTUS decision on affirmative action.

SBA Data Show Major Increase in Loans to Black-Owned Businesses under Biden-Harris

Retrieved on: 
Donnerstag, September 21, 2023

“Black businesses are helping to power a nationwide small business boom that is creating jobs, advancing equity in communities across America, and uplifting our economy,” said Administrator Guzman.

Key Points: 
  • “Black businesses are helping to power a nationwide small business boom that is creating jobs, advancing equity in communities across America, and uplifting our economy,” said Administrator Guzman.
  • “Today’s benchmark loan numbers show our work under President Biden’s Investing in America agenda making inroads to support more of America’s Black small business owners.
  • “I applaud the efforts of the Biden Administration and the SBA to help Black small business owners succeed and grow.
  • Total loan dollars ($1.3 billion) and overall share of SBA approved loans (7.5%) to Black-Owned businesses have also more than doubled since 2020.