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More than 2,300 already helped by county/city rent assistance program
The Monroe County/Rochester Emergency Rental Assistance Program (EPPI 2.0) has distributed more than $10 million in funding to keep residents in their home. Federal stimulus legislation is funding the program. Monroe County was allotted $16 million and the city of Rochester $6 million in late 2020 to assist families at risk of eviction. The American […]
Creative bidding, work-from-home space now housing market norms
Which space could become the home office, can more cash be accessed if the bidding takes off and are you willing to accommodate post-sale needs of the seller have become common topics of discussions between homebuyer and Realtor as the scarcity of houses on the market continues in the Monroe County area. The number of […]
Optimism soars among leaders of midsized businesses
Optimism skyrocketed in June among midsized business leaders polled for JPMorgan Chase’s 2021 Business Leaders Outlook Pulse survey. The annual report, released this month, shows that most of the nearly 1,400 executives surveyed said they see “unprecedented economic opportunity and significant hiring needs in the next six to 12 months.” Midsized business leaders’ optimism about […]
Inflation data remains key focus when reflecting on second quarter
Economic growth continued through the second quarter as a substantial decline in COVID cases and increase in vaccination rates have spurred reopening across the country. Current expectations for the second quarter real Gross Domestic Product are around 8%, which would signal an increase from first quarter’s 6.4% GDP growth. If second quarter estimates turn out to be[...]
Home prices soar as market shortage continues
Home prices soared in June as the shortage of listings continued in June, according to the latest data from the New York State Association of Realtors (NYSAR). The median sales price jumped 23.5 percent in Monroe County in the year-over-year comparison, from $170,000 in June 2020 to $210,000 this past month on 805 closed sales. […]
U.S.-Canadian border could open as soon as mid-August
Canadian Prime Minister Justin Trudeau said Thursday that fully vaccinated U.S. travelers could be allowed to cross the Canadian border as early as mid-August. On July 15, the prime minister’s office released a summary of Trudeau’s 33rd call with Canadian premiers regarding the country’s COVID-19 response. In it, Trudeau is quoted as saying, “If our cu[...]
Wayne County entrepreneurs eligible for startup funding
The Wayne Economic Development Corp. has opened applications for its Startup Pitch Competition, open to all Wayne County residents with a business in the concept stage or with fewer than three years in operation and less than $250,000 in annual revenue. KickStart Wayne County also has opened applications for a microburst combined grant and loan […]
State’s Manufacturing Extension Partnership helped with 6,600 jobs in 2020
New York’s Manufacturing Extension Partnership helped create or retain more than 6,600 jobs and generated $994 million in financial impacts in 2020.
Special delivery: Income tax payments to Uncle Sam
What can I say — your rich Uncle (Sam) wants a cut of your financial well-being each and every year, and he’s quite serious about collecting his share. When and how he goes about doing so can take many forms, including weekly/bi-weekly payroll withholding, withholding from traditional Individual Retirement Account (IRA) distributions, estimated quarterly income […]
Creating doctor pipeline is end goal for RRH partnership with medical school
Knowing that medical school graduates often continue post-graduate training or plant roots for residency in the areas where they studied, Rochester Regional Health and Lake Erie College of Osteopathic Medicine hope their new 10-year partnership will restock the pipeline of providers across Upstate New York. “There’s already a doctor shortage in the U.S. and it’s […]
Leadership Rochester Spotlight: Willie Lightfoot, vice president of Rochester City Council
Leadership Rochester inspires, connects and educates a vibrant, diverse network of individuals who can help transform and strengthen our Greater Rochester Region. Founded by Rochester’s top leaders, Leadership Rochester’s programs bring together individuals across industries, geographies and backgrounds. Together they learn about issues facing the community and explore[...]
Irondequoit panel on racial equity takes shape
Nearly nine months after the Irondequoit Town Board passed a resolution establishing the Irondequoit Commission Advancing Racial Equity (ICARE), the commission now has 21 members and a chairperson working to make Irondequoit a community where each individual is respected, valued and cherished regardless of their race, ethnicity, religion or cultural identity. Leading the charge is […]
