I want members to know that i plan to continue this committees long tradition of collegiality and substantive substantive debate, even as we conduct our business from afar. I will continue to work with the Ranking Member mr. Smith and his staff to ensure that the rights of all members are respected in this new virtual format. Before i turn to todays important topic, i want to remind members of a few procedures to help you navigate this new platform. First, consistent with regulations the committee will keep microphones muted to limit background noise. Members are responsible for unmuting themselves when they seek recognition or when recognized for their fiveminute statement. Second, members and witnesses must have their cameras on at all times. If you need to step away from the proceedings, please leave your camera on rather than logging out. Finally, we have several members who are waving on to the subcommittee for todays hearing. Given the large number i will recognize members in an
Lord, were grateful that though wrong seems strong, you continue to rule. Fill our lawmakers with reverence and trust in your prevailing providence. May that reverential awe keep them on the path of courage, integrity, and wisdom. Lord, remind them that you have invited them to seek and discover your might. You declared in psalm 50 15 call me in the day of trouble, and i will deliver you. We praise your holy name. Amen. The president pro tempore please join me in reciting the pledge of allegiance to our flag. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Grassley madam president. The presiding officer the senator from iowa. Mr. Grassley one minute for morning business. The presiding officer without objection. Mr. Grassley the house of representatives has passed a bill thats kind of like a onesizefitsall for elections. That everything ought to be run out o
The additional 1 million will allow us to recapitalize the loan program. This will allow us to provide lowinterest rates to invest in corridors. Were looking at about 3. 5 rate. But the loan is also available to citywide businesses or businesses across the city. The last time we actually provided resources to this Revolving Loan fund was in 2013, under mayor lee. And main street lounge is our partner in administering the loan. Were currently actually amending their contract, so we can add the additional dollars. Next piece is the 2 million allocation for the next two years to expand the s. F. Shines program, into the bayview, excelsior and lower haight. The dollars support Small Business owners to make improvements to their storefronts and interiors. With the goal here is to make the spaces more appealing and accessible to patrons and contribute to the overall vitality of the neighborhood. We estimate that the additional dollars will support about 100 businesses over the next two years
The additional 1 million will allow us to recapitalize the loan program. This will allow us to provide lowinterest rates to invest in corridors. Were looking at about 3. 5 rate. But the loan is also available to citywide businesses or businesses across the city. The last time we actually provided resources to this Revolving Loan fund was in 2013, under mayor lee. And main street lounge is our partner in administering the loan. Were currently actually amending their contract, so we can add the additional dollars. Next piece is the 2 million allocation for the next two years to expand the s. F. Shines program, into the bayview, excelsior and lower haight. The dollars support Small Business owners to make improvements to their storefronts and interiors. With the goal here is to make the spaces more appealing and accessible to patrons and contribute to the overall vitality of the neighborhood. We estimate that the additional dollars will support about 100 businesses over the next two years
Loan program. This will allow us to provide lowinterest rates to invest in corridors. Were looking at about 3. 5 rate. But the loan is also available to citywide businesses or businesses across the city. The last time we actually provided resources to this Revolving Loan fund was in 2013, under mayor lee. And main street lounge is our partner in administering the loan. Were currently actually amending their contract, so we can add the additional dollars. Next piece is the 2 million allocation for the next two years to expand the s. F. Shines program, into the bayview, excelsior and lower haight. The dollars support Small Business owners to make improvements to their storefronts and interiors. With the goal here is to make the spaces more appealing and accessible to patrons and contribute to the overall vitality of the neighborhood. We estimate that the additional dollars will support about 100 businesses over the next two years. Just quickly, just some history on the program. Since 200