Business + Innovation

Lafayette is facing a severe housing crisis, with thousands of people at risk of losing their homes. This crisis started before the pandemic, but the coronavirus and its impact on our economy has just added fuel to a fire that’s now threatening to rage through our community.

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Link to businessreport.com Banks urge patience as PPP rollout gets off to a rocky start

The ambitious $350 billion Paycheck Protection Program passed by Congress one week ago to help small businesses weather the coronavirus crisis rolls out this morning amid confusion and mixed signals.

Updated federal guidelines for the program were not issued until late Thursday night in a 31-page “interim final rules” document, just hours before the PPP was supposed to begin accepting applications, and most banks are still not ready.

Source: Banks urge patience as PPP rollout gets off to a rocky start

How you can help Lafayette’s economy

The challenges facing Lafayette’s economy may seem overwhelming but you can help right the ship by spending money or making it, and that means more than just shopping local.

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COLUMN: Fiber’s fragile finances

Since launching 2008, LUS Fiber has missed its financial projections by $70 million. That puts it in a vulnerable position.

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