Take Action: Support SB 33 | Tips and Resources after 3 Years of COVID

Our hearts go out to our members and their clients whose communities have been devastated by recent flooding. If there are needs we can pass on to our funders, please let us know.

In this Must Know…

  • Take Action: Support SB 33 and Transparent Small Business Lending
  • Tips and Resources after 3 Years of COVID-19
  • 2022 CDFI Fund Awards
  • In light of the recent Silicon Valley Bank failure/rescue, CAMEO is putting together a webinar on how to protect your deposits. Stay tuned.
  • This week’s Goodie Highlight is the Federal Reserve’s 2023 Report on Employer Firms: Findings from the 2022 Small Business Credit Survey.

Take Action: Support SB 33

Take Action icon

SB 1235, passed in 2018, extended truth-in-lending disclosures to small business financing, allowing business borrowers to more easily evaluate the true cost of the money they borrow.

SB 33 will eliminate the 2024 sunset date for SB 1235 and guarantee transparency for businesses and certainty for providers that the required financing disclosure rules implemented in December 2022 will remain in place. 

Please sign on to our letter of support for SB 33 and its commonsense protections for California businesses by March 21, 2023.

covid resources icon

Tips and Resources after 3 Years of COVID-19

Three years ago, on March 13, 2020, the U.S. issued the COVID-19 Emergency Declaration. Since then, the number of remote workers has tripled, while COVID-19 deaths and mental health concerns have impacted the productivity of teams all across the country.

Health Action Alliance has compiled a list of tips and resources to guide employers’ COVID-19 response as we move towards the end of the national emergency on May 11, 2023.

CDFI Fund awards icon

2022 CDFI Fund Awards

Last year, the U.S. Department of Treasury awarded 27 California CDFIs nearly $11.5 million. The financial assistance awards of up to $1 million allow CDFIs to lend capital, loan loss reserves, capital reserves, financial services, and development services. The TA awards of up to $125,000 are used for capacity development to purchase equipment, hire consulting services, pay salaries, and train staff. 

Twelve of the 27 orgs plus a handful of national recipients are CAMEO members! Congratulations to all the recipients.

The Goodies

Free Webinars

Industry News

Funding Opportunities

Other Goodies