Black Mayors Join Sen. Booker in Demanding Relief for Small Businesses
Published on May 15, 2020
(Washington, D.C.) — Today, Black mayors across the country joined Senator Booker in calling on Congress to include the RELIEF for Main Street Act in the next COVID-19 recovery package. The Act would funnel $50 billion to states and localities, which would supply loans and grants to very small and minority-owned businesses. Many of these businesses did not receive funding through the Paycheck Protection Program.
The president of the African American Mayors Association, Mayor McKinley Price, DDS of Newport News, VA, stated:
“It is crucial to provide additional funding to small and minority-owned businesses. The COVID-19 pandemic has unleashed unprecedented challenges for small businesses, particularly those owned by people of color. Many have had trouble accessing needed funding -- and are struggling to stay afloat.
Small and minority-owned businesses are critical -- they propel the economy and support the livelihood of their owners and employees. As a Black small business owner myself, I understand the importance of these enterprises firsthand. Congress must give them the financial support to stay alive.”