Revitalize Local Businesses and Neighborhoods
Thriving commercial corridors support local communities across Chicago and Cook County. Prior to the pandemic, however, many corridors struggled. As Chicago emerges from the pandemic and local communities confront a new economic landscape, a strong coalition of stakeholders is needed to advocate for policies and initiatives which will revitalize, empower and connect commercial corridors and neighborhoods.
- Advocacy Initiatives:
- Reduce Commercial Vacancies: We are advocating for an ordinance that will reduce commercial vacancies in struggling Cook County commercial corridors. One line and the ordinance
- Encourage Local Investment: We are researching and formulating policies that will encourage local investment in local businesses and neighborhoods
- Reduce Red Tape: We are formulating policies to reduce red tape which impacts small businesses in struggling commercial corridors
Check out the full Neighborhood Revitalization Coalition (NRC) website here.
Make Minority Contracting Reforms Now
The COVID-19 pandemic has had a devastating impact on the small business community. With businesses struggling, government contracts are even more important to many small businesses, including minority owned businesses with limited cash reserves and access to capital. The failure of governmental entities at all levels to ensure that minority businesses receive a fair share…
Urge Politicians to Make PPP Loans Deductible
ACTION CALL: Urge Politicians to Make PPP Loans Deductible to Support Small Businesses The Paycheck Protection Program Flexibility Act of 2020, or PPP, was passed in order to provide small businesses across the United States crucial relief during widespread government shutdowns due to the COVID-19 pandemic. These loans can be forgivable when proceeds are used…
SBAC featured in NBC News
Small Businesses struggle amid the Pandemic The SBAC has long been advocating for relief for Small Businesses since the COVID-19 Pandemic started. Elliot Richardson, President of SBAC was featured in NBC News stating “if there is no government intervention and stimulus relief provided to small businesses, many more will not make it through the winter,”…
