AIA praises Senate for advancing desperately needed COVID-19 relief

Submitted by Jessie Cornelius on Thu, 03/26/2020 - 14:03
Body
{"version":"0.3.0","atoms":[],"cards":[],"markups":[["strong"],["a",["href","http:\/\/content.aia.org\/sites\/default\/files\/2020-03\/COVID-Bill-3-Summary-for-members-FINAL.pdf","target","_new"]],["a",["href","https:\/\/www.aia.org\/press-releases\/6280855-aia-implores-congress-to-provide-relief-to"]],["a",["href","http:\/\/content.aia.org\/sites\/default\/files\/2020-03\/AIA.HR6201_Summary_3_19_2020_FINAL_with_members.pdf"]],["a",["href","https:\/\/www.aia.org\/pages\/6280670-covid-19-member-resources-"]]],"sections":[[1,"p",[[0,[0],1,"WASHINGTON"],[0,[],0," \u2013 "],[0,[0],1,"March 26,\n2020"],[0,[],0," \u2013 The American Institute of Architects (AIA) praises approval\nof the third economic relief package passed by the Senate last night, which\nwill provide significant financial support to businesses and their\nemployees during the COVID-19 pandemic. The House of Representatives is\nexpected to pass the bill on Friday and President Trump has already said he\nwill sign the legislation."]]],[1,"p",[[0,[],0,"In addition to funding\nfor hospitals and hard-hit industries like airlines, hospitality and cargo, the\n$2 trillion plus emergency rescue package allocates more than $350 billion for\nsmall businesses covering an estimated 58-million U.S. workers and more than 30-million\nsmall businesses. "]]],[1,"p",[[0,[],0,"\u201cThis is the most significant relief for\nbusinesses the Senate has approved since the COVID-19 crisis began,\u201d said 2020\nPresident Jane Frederick, FAIA. \u201cWe\u2019re pleased that all of these vital\nbusinesses are rightfully recognized as a priority. Architects will be a\ncritical part of economic recovery, and AIA has forcefully advocated for\ninfrastructure investment to stimulate recovery, as well as relief for\nbusinesses and employees. This relief package is a good start, and AIA continues\nto work with policymakers to ensure our members\u2019 priorities are included in\nadditional legislation as we continue to address this crisis.\u201d"]]],[1,"p",[[0,[],0,"\nApproval for the latest relief legislation advances a number of AIA-supported\nmeasures to help meet the needs of firms and members, including the Paycheck\nProtection Program for small businesses and sole proprietors, low interest\nloans to mid-sized businesses, and the Employee Retention Credit for all\nbusinesses. The package allows employers to defer payroll taxes during the\ncrisis and provides direct payments to Americans under certain income\nthresholds. AIA also supports the package\u2019s provisions to support students and\nthose with student loan debt. A "],[0,[1],1,"summary of measures"],[0,[],0," most impactful to\narchitecture firms is available on AIA\u0027s website. \n\n"]]],[1,"p",[[0,[],0,"Last Friday, AIA "],[0,[2],1,"sent a letter"],[0,[],0," to House Speaker Nancy Pelosi and Senate Majority Leader\nMitch McConnell calling on policymakers to address the critical needs of\nbusiness owners and employees during the COVID-19 pandemic and outlining the\ninfrastructure investment that is critical to stimulating America\u2019s economic\nrecovery. Both would provide much-needed relief in the short-term; reassure\nglobal markets; and help prepare the U.S. for challenges ahead. "]]],[1,"p",[[0,[],0,"As of this morning,\nAIA members had issued more than 4,500 letters to members of Congress urging\nthem to provide critical relief measures to business owners and the additional\nresources to those affected by the virus, including frontline responders."]]],[1,"p",[[0,[],0,"This is the third\nstimulus package the Senate has advanced to mitigate the economic impacts of\nthe COVID-19 pandemic. Last week, AIA provided "],[0,[3],1,"firms and architect members with guidance"],[0,[],0," on how Congressional and administration policy activities would impact\ntheir practices. "]]],[1,"p",[[0,[],0,"Visit AIA\u2019s website\nfor "],[0,[4],1,"COVID-19 resources for members"],[0,[],0,"."]]]]}
Description
AIA praises Congress for advancing desperately needed COVID-19 relief
Audience
Members Only
Off
Deleted
Off
Tile Sizes
Use on Homepage
Off
SEO Keywords
COVID-19, relief package, stimulus
Temp Draft
Off
Updates
[{"updated-date":"2020-03-26T14:03:48+00:00","author-name":"Jessie Cornelius","author-id":"38f8426b-b194-4d12-b7a5-f02ede39d80d","action":"created"},{"updated-date":"2020-03-26T14:03:48+00:00","author-name":"Jessie Cornelius","author-id":"38f8426b-b194-4d12-b7a5-f02ede39d80d","action":"published"},{"updated-date":"2020-03-27T14:56:09+00:00","author-name":"Jessie Cornelius","author-id":"38f8426b-b194-4d12-b7a5-f02ede39d80d","action":null}]
Chapters
["national"]
Suppress Tile Description
Off
Ready to Publish
Off
Hide Ads
Off
Personas
Portfolios