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Monday, April 16, 2012

Gewirtz Looking for Loan Program for Locally Owned Businesses

Thursday’s Board of Alderman meeting saw a submission from Ward 6 Alderwoman Rebekah Gewirtz requesting that the Curtatone administration study the feasibility of creating a low cost loan program for locally-owned, independent businesses.

Legislative item #192782, was adopted by the Board of Alderman and was sent to the Finance Committee for follow-up conversations. Ward 2 Alderwoman Maryann Hueston is the chair of the Finance Committee and has long been a supporter of local businesses.

Studies show that locally-owned, independent businesses provide some of the best employment opportunities for residents, making the inclusion of this resolution on Heuston’s agenda all the more worthwhile as she also cosponsored the Local Hiring Ordinance that is still traveling through legislative land in the Board of Alderman.

This item has not been added to a Finance Committee agenda as of yet.

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