AIA Commends House Passage of Small Business Relief Bill
(11/4/2009)
Posted by: Chris Gaerig, Online Editor
“The House's bipartisan passage of the Small Business Financing and Investment Act of 2009 is an important step in restoring access to credit and lending for the millions of small businesses who are the backbone of our economy. The American Institute of Architects (AIA) is pleased that the House listened to the thousands of architects who contacted their representatives asking them to pass this bill without a proposed amendment that would have crippled these programs right when they were needed the most,” said Paul T. Mendelsohn, AIA vice-president, Government & Community Relations.
“For small architecture firms, the ability to access short-term lines of credit can mean the difference between survival and liquidation. In this economic crisis, too many firms have faced the horrible choice of having to lay off staff or going without pay in order to keep their doors open. As Florida architect Mickey Jacob, FAIA, told the House Small Business Committee two weeks ago, architects aren’t looking for bailouts. They need tools that help them and their clients create jobs through new building projects.
“The Small Business Financing and Investment Act is one key plank in our Rebuild and Renew plan for long-term prosperity. Now Congress and the administration need to ensure a steady flow of credit to the real estate industry and enact policies that empower architects to design livable, sustainable, and vibrant communities.”
