A lot has happened since our last economic development update in October. Infection rates dropped, businesses began to reopen, and we attempted to return to “normal." Unfortunately, too many of us dropped our guard, too quickly. Maybe we weren't wearing masks as we should have, perhaps we weren’t social distancing as prescribed, or maybe we started gathering in small groups. In any case, the COVID-19 infection rates have come roaring back. Since the steps to control the spread of COVID-19 are simple (always wear a mask, always socially distance, and avoid large gatherings), what we do over Christmas will determine how long our economy remains closed down.
Category: Update
Economic Development Department Monthly Update
Economic Development – Community Update
Before we begin today’s community update, I hope you and your families have been staying healthy. A lot has gone on since our last economic development update. Thankfully, we, as a community, have done an...
What’s Developing in Economic Development
Since our May 2020 Economic Development update, a lot has occurred. The governor allowed California to move into the Reopening Stage 2.5 that allowed more businesses to reopen. Unfortunately, COVID-19 infection rates climbed quickly, and now, many previous restrictions were put back in place.
Payroll Protection Program
As many of you may know, President Trump's CARES Act is providing a $2.2T stimulus to help our Country get through the COVID-19 situation. While the CARES Act is funding several popular loan programs, the programs getting the most attention from businesses are the Payroll Protection Program (a forgivable loan of up to $10m based on your average monthly payroll expenses subject to certain conditions and requirements) and SBA's Economic Injury Disaster Loan Program along with its $10,000 cash advance.
Community Update
If you have spent any time in California, you have grown reasonably accustomed to (or, at least familiar with) floods, earthquakes, wildfires, and droughts. We can now add global pandemic to the list. Through each of these situations, I have always been impressed with the depth of character, the caring and the support demonstrated by community members.
What’s Developing Within Economic Development
This will be a great year to live, work, and relax in Cathedral City. Our Downtown Arts and Entertainment District is building fantastic momentum. The CV Repertory Theater looks incredible inside, which you’ll be able...
What’s Developing Within Economic Development
A lot has gone on within the Economic Development Department since our last update! It is this activity, energy, and diversity of activities which makes our department an exciting place to work. Below is a...
What’s Developing Within Economic Development
A Message from Stone James, Director Would you like to make your life more interesting and more rewarding? Are you interested in making society a better place? If so, education is our community’s best opportunity...
What’s Developing Within Economic Development
Opening and operating a business can be a rewarding, but daunting task. From consistently providing customers high-quality service (or products), to bookkeeping, and to advertising, don’t forget managing the never ending social media accounts, there are so many things to juggle.
What’s Developing Within Economic Development
Much progress has been made since our last update. For those of you who were unable to attend the State of the City address, I have a little bad news, a little good news, and a lot of great news to share.