NY will also offer small business loans geared towards Minority and women owned businesses
The Mid-Hudson Region could begin phase one of reopening businesses next week so long as the number of deaths continue to decrease and the region meets Contact Tracing requirements Gov. Andrew Cuomo said this morning in his daily briefing. The number of new coronavirus related hospitalizations statewide dipped down to 225 on Thursday, he said. The number of people who died of the COVID-19 disease inched up slightly to 109 on Thursday which was four more then Wednesday. Those numbers includes 82 people in hospitals and 27 in nursing homes around the state. He added that construction staging can now begin in anticipation of the region meeting the metric requirements and that authorization to re-open sometime next week is approved.
In addition, Cuomo announced that NY State is launching a more then $100 million dollar loan fund to provide loans to help small businesses that did not receive any federal pandemic relief assistance. The fund will focus on minority and women owned businesses. According to his estimates over 100 thousand small business in New York State alone have closed their doors permanently since program.