MANAGING CRISIS AND COMMUNICATION CHALLENGES IN THE ERA OF COVID-19

During this unprecedented time in our country and state, businesses, non-profits, and units of government are experiencing extraordinary challenges in adapting to life during the COVID-19 pandemic.

Navigating a crisis often involves a multi-pronged approach of government relations expertise and a public relations strategy. Whether this unparalleled moment has brought new challenges to your organization or whether it’s a crisis that’s developed independently of the pandemic, Lockridge Grindal Nauen and Primacy Strategy Group’s experienced team of professionals is equipped to deliver for you.

The first step to addressing a crisis is to stem the tide. This could mean engaging with key government officials and developing a public relations plan that involves establishing one’s credibility with target audiences and taking a disciplined approach to communicating a specific message over the long-term.

Lockridge Grindal Nauen and Primacy Strategy Group’s teams […]

2020-05-07T17:22:23-05:00Apr 28, 2020|

FEDERAL RESERVE ANNOUNCES MUNICIPAL LIQUIDITY FACILITY PROGRAM

On Thursday, April 9, the Federal Reserve took actions to provide up to $2.3 trillion in loans to support the economy. This funding will assist households and employers of all sizes and bolster the ability of state and local governments to deliver critical services during the coronavirus pandemic.

One of the actions that the Federal Reserve is taking is geared toward helping state and local governments manage cash flow stresses caused by the coronavirus pandemic by establishing a Municipal Liquidity Facility (the “Facility”).  Pursuant to the Facility, a Federal Reserve Bank will commit to lend up to $500 billion to special purpose vehicle (“SPV”) on a recourse basis.  The SPV will in turn purchase “Eligible Notes” directly from Eligible Issuers.  The SPV will have the ability to purchase up to $500 billion of Eligible Notes.  States, the District of Columbia, counties with a population of at least two million residents, and […]

2020-05-07T17:44:11-05:00Apr 14, 2020|
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