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New sales tax data reinforce 'troubling findings' of COVID-19 Economic Impact Report
Sat, May 9th 2020 11:20 am
The New York State Association of Counties announced that, this week, counties received their first installment of sales tax directly related to the first month where the statewide lock down on economic activity was in effect. In aggregate, the county sales tax collections compared to the same period last year were down about 26%. This ranges from about 16% to nearly 37% by county (not including tax rate changes).
SBA: Paycheck Protection Program funds still available
Fri, May 8th 2020 12:25 pm
Billions of dollars in potentially forgivable Payroll Protection Program (PPP) capital remains available to small businesses and nonprofits to help provide eight weeks of payroll and certain overhead to keep workers employed. PPP, created out by the Coronavirus Aid, Relief, and Economic Security (CARES) Act, is responsible for infusing billions of dollars of capital into small businesses nationwide and saving jobs.
SBA to make economic injury disaster loans available to agricultural businesses impacted by COVID-19
Wed, May 6th 2020 05:50 pm
Earlier this week, U.S. Small Business Administration Administrator Jovita Carranza announced agricultural businesses are now eligible for SBA's economic injury disaster loan (EIDL) and EIDL advance programs. SBA's EIDL portal reopened as a result of funding authorized by Congress through the Paycheck Protection Program and Healthcare Enhancement Act. The legislation, signed into law by the president a week ago, provided additional funding for farmers and ranchers and certain other agricultural businesses affected by the coronavirus (COVID-19) pandemic.
New York State Builders Association urges Gov. Cuomo to restart residential construction now
Tue, May 5th 2020 11:15 am
Gov. Cuomo has indicated the importance of a regional approach to restarting New York economy. Unfortunately for New Yorkers, market-rate residential construction is currently considered an essential industry in Connecticut, Massachusetts, Rhode Island and Delaware, but not here in New York.
Hospitality: AHLA releases industrywide hotel cleaning standards through 'Safe Stay' initiative
Tue, May 5th 2020 11:10 am
The American Hotel & Lodging Association has introduced "Safe Stay," an industrywide, enhanced standard of health and safety protocols designed to prepare America's hotels to safely welcome back guests and employees as the economy reopens. "Safe Stay" represents the top priority for the industry, the health and safety of guests and employees.
National Travel and Tourism Week 2020 celebrates 'Spirit of Travel'
Mon, May 4th 2020 11:00 am
National Travel and Tourism Week (NTTW), which runs May 3-9, is the annual celebration of the contributions and accomplishments of the U.S. travel industry. This year, it will spotlight resilience and hope in the face of the coronavirus pandemic with the theme "Spirit of Travel."
Joint statement by Administrator Jovita Carranza & Secretary Steven T. Mnuchin on 'success of the Paycheck Protection Program'
Sun, May 3rd 2020 02:10 pm
U.S. Small Business Administration Administrator Jovita Carranza and U.S. Secretary of the Treasury Steven T. Mnuchin issued the following statement on what they called the success of the Paycheck Protection Program (PPP):
Catholic Health receives area's top grades in Leapfrog safety report
Fri, May 1st 2020 07:45 pm
At a time when quality and safety are paramount in health care, Catholic Health once again received Western New York's highest cumulative score in the Leapfrog Group's Spring 2020 Hospital Safety Grade Report. In the national report released this week, Kenmore Mercy Hospital and Mount St. Mary's Hospital earned consecutive "A" safety grades, while Mercy Hospital of Buffalo, Sisters of Charity Hospital and its St. Joseph Campus each earned a "B" grade, improving their overall scores from last year's fall report.
ECMC again earns highest patient safety rating in national survey
Fri, May 1st 2020 12:05 pm
Erie County Medical Center Corporation announced The Leapfrog Group, an independent, national not-for-profit organization founded more than a decade ago by the nation's leading employers and private health care experts, has again rated ECMC's overall patient safety score at "A."
F-E-I-N: NYS Labor Commissioner Reardon announces directive requiring employers to provide information New Yorkers need to apply for unemployment benefits
Wed, Apr 29th 2020 09:25 pm
New York State Labor Commissioner Roberta Reardon on Wednesday announced the New York State Department of Labor has directed all New York-based employers to proactively provide New Yorkers with the information they need to file for unemployment benefits. In a directive sent to over 320,000 businesses, the DOL reminded employers of their legal obligation to provide employees with their employer's New York state employer registration number, federal employer identification number (FEIN), and full employer name and address.
Hotels & airlines assure travelers of cleanliness
Wed, Apr 29th 2020 09:20 pm
With pent-up demand for travel expected once the pandemic passes, many travelers will be anxious to vacation and check destinations off their bucket lists. Yet it's only natural to wonder if hotels and airlines are safe and clean before venturing out on a trip.
$484 billion Emergency Interim Coronavirus Relief Package becomes law
Fri, Apr 24th 2020 09:30 pm
On Friday, the $480 billion Emergency Interim Coronavirus Relief Package was signed into law, with a focus on further assisting small businesses, while also providing much-needed aid to hospitals and ramping up testing capacity across the country.
In an effort to help small businesses, SBA provides loan payment relief
Fri, Apr 24th 2020 11:55 am
In response to the coronavirus (COVID-19) pandemic, the U.S. Small Business Administration's Buffalo District office announced it is strongly encouraging its participating 7(a) lenders and certified development companies to work with business borrowers to provide them with the flexibility they need to keep their businesses running during these difficult economic times.
New report shows severity of COVID-19 impacts on hotel industry
Fri, Apr 24th 2020 11:30 am
As COVID-19 continues to devastate the hotel industry, the American Hotel & Lodging Association (AHLA) released new data showing 70% of hotel employees have been laid off or furloughed as eight in 10 hotel rooms across the nation remain empty.
Niagara Falls Memorial to reduce management salaries
Fri, Apr 17th 2020 05:10 pm
In an effort to offset revenue losses and skyrocketing expenses attributable to the COVID-19 pandemic, Niagara Falls Memorial Medical Center is reducing the salaries of all its managers effective Monday.
A quarter of Realtors report homes coming under contract without buyers first visiting the property
Fri, Apr 17th 2020 11:35 am
A quarter of Realtors with clients putting contracts on homes this week had at least one do so without physically seeing the property, according to a new survey from the National Association of Realtors. For those clients, the median amount of homes toured - either virtually or in person - before putting a contract on a home was just three. NAR's "2019 Profile of Home Buyers and Sellers" found buyers typically looked at nine homes before placing a contract on a home.
NYSEG and RG&E donate $275,000 to food banks across New York
Thu, Apr 16th 2020 08:50 pm
NYSEG, an AVANGRID company, has donated $50,000 to FeedMore WNY to support the organization's ongoing response to COVID-19 situation. The donation is part of a $2 million commitment by NYSEG's parent company, AVANGRID, to support national and local programs that are assisting those impacted by COVID-19.
Zoladz Construction donates Dinosaur Bar-B-Que lunches to ECMC
Thu, Apr 16th 2020 08:50 pm
Zoladz Construction Co. Inc. today donated 350 lunches to Erie County Medical Center's front-line health care workers who are daily fighting the COVID-19 pandemic.
HUD implements new CARES Act multifamily mortgage payment relief to maintain & preserve affordable rental housing
Wed, Apr 15th 2020 04:50 pm
Today, the U.S. Department of Housing and Urban Development (HUD) announced it is issuing new mortgage payment relief guidance under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) for borrowers with multifamily mortgages insured by the Federal Housing Administration (FHA) or borrowers participating in other HUD Multifamily housing programs.
Western New York Regional Economic Development Council announces appointment of Eric Reich as new co-chair
Mon, Apr 13th 2020 10:05 am
The Western New York Regional Economic Development Council on Monday announced Eric Reich, co-founder and CEO of Campus Labs, was appointed co-chair of the council. Reich succeeds Jeff Belt, CEO of SolEpoxy, who has served as co-chair since 2015, and joins recently-announced Co-Chair Dr. Katherine Conway-Turner in leading the WNYREDC.
Empire State Development updates list of essential occupations
Sat, Apr 11th 2020 10:55 am
Governor Andrew M. Cuomo's Executive Order 202.8 of March 20, 2020 required non-essential businesses in New York State to reduce their onsite workforce by 100%. Only organizations and entities that were deemed essential by the Executive Order are exempt from these restrictions. Empire State Development (ESD) has updated its formal guidelines regarding essential businesses as of April 9, 2020. Please note that ESD's guidance is subject to change as the State adapts its response to combating COVID-19.
Tops expands senior shopping hours
Fri, Apr 10th 2020 06:00 am
"In these uncertain times, we at Tops Friendly Markets feel the need to address the concerns of our most vulnerable population, our seniors 60 years of age and older. We've heard you and therefore, effective Friday, April 10, 2020, and until further notice, Tops will open its doors for this select audience only, allowing them to shop from 6-8 a.m. every Tuesday and Thursday."
AHLA supports plan to add funds for small business loans, seeks additional action to protect hotel jobs
Thu, Apr 9th 2020 08:10 pm
The American Hotel & Lodging Association (AHLA) expressed support for plans by Senate Majority Leader Mitch McConnell and Speaker Nancy Pelosi to provide an additional $250 billion in loans for small businesses. In a letter sent to congressional leadership today, AHLA urged Congress to make several updates to the CARES Act in addition to increasing the funding. AHLA also sent an urgent letter to the Federal Reserve and Treasury seeking action to prevent thousands of hotel properties from going into foreclosure.
FuzeHub announces COVID-19 manufacturing grants
Tue, Apr 7th 2020 11:40 am
FuzeHub, the statewide New York Manufacturing Extension Partnership (NY MEP) center, announced the launch of a competitive grant program that will award $400,000 in COVID-19 manufacturing grants.
15,000 US hotels sign up to support health care community
Mon, Apr 6th 2020 02:35 pm
The American Hotel and Lodging Association (AHLA) announced more than 15,000 hotels have signed up for its new initiative - "Hospitality for Hope" - which identifies hotel properties that have offered to provide temporary housing for emergency and health care workers as the COVID-19 public health crisis grows.
NYS announces passage of Accelerated Renewable Energy Growth and Community Benefit Act as part of 2020-21 enacted state budget
Fri, Apr 3rd 2020 04:05 pm
New York state public authorities and agencies announced the passage of legislation as part the fiscal year 2020-21 state budget to dramatically speed up the siting and construction of clean energy projects to combat climate change and help jumpstart the state's economic recovery from the COVID-19 health crisis.
National Grid appoints president of US business & managing director of National Grid Ventures
Fri, Apr 3rd 2020 10:35 am
Badar Khan has been appointed president of the U.S. business, following the departure of Dean Seavers at the end of 2019. Badar has been acting as interim president since November.
Destination Niagara USA breaks down CARES Act
Tue, Mar 31st 2020 05:15 pm
Destination Niagara USA sent the following information to Niagara County elected leaders, who are sharing it with NFP.
New York Power Authority offers relief program for its economic development power customers
Tue, Mar 31st 2020 01:25 pm
The New York Power Authority board of trustees today met virtually for its regular meeting to review and approve its planned agenda items. At the meeting, the NYPA board approved a plan to provide fiscal relief to its economic development power customers during the ongoing COVID-19 pandemic.
Dollar General announces discount to medical, guardsmen and first-responder communities
Tue, Mar 31st 2020 12:55 pm
Dollar General is proud to provide all medical personnel, first responders and activated National Guardsmen with a 10% discount on qualifying purchases*. Individuals can present their employment badge or ID at more than 16,300 stores to receive the discount.
NYSEG and RG&E donate 17,700 protective masks to assist health care workers amid shortage
Tue, Mar 31st 2020 12:55 pm
NYSEG and RG&E, AVANGRID companies, on Monday announced they are donating approximately 17,700 protective masks to assist health care workers across the state amid a shortage of protective gear for medical personnel fighting the coronavirus pandemic. The donation comes on the heels of Gov. Andrew Cuomo's call for assistance as New York continues to face increasing strains on the health care system.
USAN board approves items related to redevelopment of former Rainbow Centre Mall
Fri, Mar 27th 2020 10:40 am
The USA Niagara Development Corp. board of directors met Wednesday and approved items to advance key development projects in downtown Niagara Falls.
New York State Department of Labor announces initial unemployment insurance claims numbers in midst of the coronavirus pandemic
Thu, Mar 26th 2020 08:25 pm
The New York States Department of Labor on Thursday announced the initial unemployment insurance claims data for New York state for the week ending March 21, 2020 - the first week in which claims were impacted by the COVID-19 pandemic. Initial unemployment insurance claims last week, increased over the past year by 520% in New York. Overall, more than 80,500 claims were filed last week. Initial claims for UI increased by a minimum of 284% in each of New York's 10 labor market regions.
Empire State Development announces new WNY talent initiative to train, attract & retain tech workforce that will 'power the region's continued growth'
Thu, Mar 26th 2020 08:00 pm
Empire State Development on Thursday announced the launch of the $12 million Buffalo-Niagara Talent Initiative to help cultivate Western New York's tech workforce. This new initiative is designed to train, attract and retain tech talent to fuel the region's continued economic transformation. The ESD board of directors met today and approved a $2 million grant to TechBuffalo, a not-for-profit that will partner with ESD and lead coordination and implementation for the initiative.
AHLA statement on Senate passage of CARES Act
Thu, Mar 26th 2020 01:05 pm
The following is a statement from Chip Rogers, AHLA president and CEO, on the Senate passage of the CARES Act.
Jim Millard rejoins Catholic Health to support COVID-19 incident command
Tue, Mar 24th 2020 02:05 pm
Jim Millard, former president and CEO of Kenmore Mercy Hospital, is coming out of retirement to rejoin Catholic Health to support the health system's COVID-19 initiatives. He will serve as executive leader and incident commander of the system staffing center, which has been established in response to the COVID-19 crisis.
Tops: Pharmacy hours extended to align with senior shopping times on Tuesdays & Thursdays
Mon, Mar 23rd 2020 01:35 pm
"As we continue to best serve our community, beginning 3/24/20, all Tops pharmacies will open at 7 a.m. on Tuesdays and Thursdays to be in alignment with our new "senior only hours." On those days, pharmacies will also close at 8 p.m. or their normal closing time, whichever is earlier."
SBA implements automatic deferment on existing disaster loans through end of 2020
Mon, Mar 23rd 2020 01:00 pm
Today, U.S. Small Business Administration Administrator Jovita Carranza announced changes to help borrowers still paying back SBA loans from previous disasters. By making this change, deferments through Dec. 31, 2020, will be automatic. Now, borrowers of home and business disaster loans do not have to contact SBA to request deferment.
Higgins announces SBA approval of disaster loan assistance for New York
Thu, Mar 19th 2020 04:55 pm
Congressman Brian Higgins, D-NY-26, announced the U.S. Small Business Administration has approved New York's request for a disaster declaration based on economic injury caused by the coronavirus (COVID-19) outbreak. Higgins and other members of the New York federal delegation sent a letter to President Donald Trump urging approval of the disaster designation.
 

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