UNC DFI Resources for COVID-19
Four UNC School of Government (SOG) local government law faculty, and several finance staff, collaborated on the following resources and information for North Carolina public officials regarding small business loans as a response to the novel coronavirus (COVID-19).
Local Government as Lender: Emergency Loans for Small Businesses (blog post)
Local Government Emergency Loans for Small Businesses: Contracting with Financial Institutions for Loan Administration (blog post)
Using Federal Coronavirus Relief Funds for Small Business Support (blog post)
Local Government Support for Small Business Recovery and Reopening (blog post)
Local Government Emergency Loans for Small Businesses (Zoom call: video)
Additionally, the UNC Development Finance Initiative (UNC DFI) is offering free advising, and has already helped local governments offer more than $1 million in loan capital in response to the coronavirus pandemic. UNC DFI is available to assist local governments who are considering or in the process of creating their own small business emergency loan program. The UNC DFI team is available to provide one-hour phone consultations with local government staff at no charge to think through loan program structures and financial modeling on a first-come, first serve basis. Additional advising is also available upon request. To schedule a call, please fill out the webform here.
A full compilation of resources related to COVID-19 from the School of Government can be found on the School’s COVID-19 resource page.