Tag: emergency loan
Emergency Home Repair Loans: Local Government as Financial Bridge
November 26, 2024
While the response to Hurricane Helene continues, local governments are looking ahead to the long road to recovery. In a report issued by the North Carolina Office of State Budget and Management (OSBM), Hurricane Helene Recovery Recommendations: Preliminary Damage and Needs Assessment, OSBM notes th … Read more
Local Government as Lender: Emergency Loans for Small Businesses
March 20, 2020
Economic activity can be disrupted by any number of unanticipated emergencies, ranging from natural disasters to virus outbreaks like COVID-19. When these events threaten the survival of small businesses, the owners may turn to government for assistance. One legal and effective way for a government … Read more