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Monday, June 8, 2020
NYC Phase 1 Reopening starts June 8
PPPFA Act Maximizes PPP Loans Forgiveness
NYFLF For Businesses that did NOT receive PPPs
Streamlined Process for Outdoor Dining
MPBID 2020-2021 Board Recruitment
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NYC Phase 1 Reopening starts June 8, 2020
Employees in construction, wholesale, manufacturing and agriculture and retail are going back to work, with restrictions in place. Hair salons, gyms and restaurants (mostly outdoor dining) will not open until Phase 2, expected for early July. Retail businesses are back, but only allowed to do curbside or in-store pickup for online or over the phone purchases. Phase 1 businesses must reduce occupancy to 50% and keep confined spaces to one person only. Visitors must also wear masks. See
HERE
more guidance.
PPPFA Act Maximizes PPP Loans Forgiveness under CARES Act
The Paycheck Protection Program Flexibility Act (PPPFA) was signed by President Trump on June 5, 2020. The PPPFA will maximize PPP loans forgiveness by making CARES Act provisions more flexible:
-Extend the PPP through 12/31/2020;
-Extend the rehire deadline until 12/31/2020;
-Expand the period for loan use from 8 weeks to 24 weeks;
-Expand maturity from 2 years to 5 years;
-Revised the 75%/25% rule to 60%/40%;
-Eases rehire requirement; -Defers payments of principal, interest and fees until either the date the lender receives payment for the forgiven amount of loan or 10 months after the end of the covered period.
See more information
HERE.
NYFLF loans for small businesses that did NOT receive SBA assistance (PPP or EIDL):
The NYFLF targets small businesses with
20 or fewer full-time equivalent (FTE)
employees (90% of all businesses), nonprofits and small landlords that have seen a loss of rental income. This is not a first-come, first-served loan program. Applications will be reviewed on a rolling basis as regions and industries reopen. Businesses who have already received SBA funding through the Paycheck Protection Program (PPP) or the Economic Injury Disaster Loan (EIDL) are NOT eligible. Application information
HERE
Streamlined Process Allowing Outdoor Dining Forthcoming in Phase 2. NYC Council Int.1957-2020 (co-sponsored by Councilman Gjonaj)
Morris Park's 15ft wide, low density sidewalks are highly suitable for the streamlined process that would allow outdoor dining, as proposed in the NYC Council Int. 1957-2020 (Reynoso, co-sponsored by Councilman Gjonaj et al.). The MPBID submitted written testimony in support of this bill to the NYC Council hearing on June 4, 2020. A simple streamlined application process with a 5 days response requirement will be managed by the NYC Department of Transportation and the NYC Department of Consumer Affairs. Int. 1957 is envisioned as a temporary assistance measure for restaurants and eating establishments, and is expected to be in place until October 31, 2020, in order to avoid the cumbersome sidewalk cafe-application process.The streets of Morris Park are ready to open for business, and offer alfresco dining, while respecting the quality of life for the residential community. We will keep you informed when the measure passes NYC Council.
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Thank you to all business owners, community residents, NYPD and elected officials that reached out to us in support of maintaining safety of the Morris Park Avenue corridor under the curfew conditions.
We are proud of our Morris Park united and diverse community!
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Morris Park BID is proud of our united, diverse and safe community!
We thank all businesses, the community and NYPD for securing safety of the commercial corridor. Over the last week, Morris Park Avenue experienced increased graffiti activity and one instance of windows broken at 2 stores. No theft, looting or other damages were reported.
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We visited both
store owners, reported the damage to SBS Emergency Response Unit, provided masks for employees and advised on the NYC Mayor grants of up to$10,000/business for merchants affected by the protests. Morris Park Avenue is resilient, diverse and united in its commitment to quality. We thank all business owners, and the community for maintaining safety on Morris Park Avenue and in the neighborhood!
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Thank you News12TheBronx for visting us and featuring community outreach for the Census2020, and our mask and hand sanitizer giveaway!
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WELCOME TO NEW BUSINESS in Van Nest
Sweet Bites
675 Morris Park Avenue
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Warm welcome to Sweet Bites at 675 Morris Park Avenue, bringing middle eastern pastries and traditional Arabic sweets to this side of the commercial corridor.
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MPBID to distribute FREE MASKS to all Morris Park small business owners and their employees:
With support from the NYC Department of Small Business Services and NYC Consumer and Worker Protection, the MPBID will be able to distribute free masks to all business owners and their employees on Morris Park Avenue.
If your business is in immediate need of masks for your employees, please email ed.morrisparkbid@gmail.com
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MPBID 2020-2021 Board of Directors recruitment:
Between June 1 - 30, 2020, the Morris Park BID Board welcomes expressions of interest from BID members to join the 2020-2021 Board. If you are a property owner, commercial tenant/business, or residential tenant within the BID district, and are interested in joining the MPBID Board of Directors, please contact ed.morrisparkbid@gmail.com to express your interest.
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Morris Park and Van Nest Census tracts still BELOW the Bronx, NY State and national average Census2020 response rates.
Please help the neighborhood get the resources it needs - fill the 2020Census
HERE.
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If you have difficulties procuring food for your family, the City of New York may provide food deliveries at your home. You may apply for this program by calling 311 or online at nyc.gov/getfood.
Morris Park BID celebrated in April 1 year of independent operation serving the Morris Park Avenue commercial corridor! Thank you all businesses, community members, Morris Park elected officials, CB11 and individuals supporting our work to keep Morris Park clean, green, safe and thriving!
Morris Park BID Team, June 6, 2020
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Our district is among the most under-counted NYC districts! Did you know you can provide your informatIon safely, online, RIGHT NOW?
You can fill your Census 2020 questionnaire
HERE.
Over the next decade, lawmakers, business owners, and many others will use 2020 Census data to make critical decisions. The results will show where communities need new schools, new clinics, new roads, and more services for families, older adults, and children.
The results will also inform how hundreds of billions of dollars in federal funding are allocated to more than 100 programs, including Medicaid, Head Start, etc.
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We encourage all businesses to actively use social media (Facebook, Instagram and Twitter), to inform customers of operational updates.
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Morris Park Business Improvement District
morrisparkbid.org
966 Morris Park Avenue, Bronx, NY US 10462
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