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Government

VIRGINIA THOMAS

Spokane-area lenders undertake second round of PPP funding

Bankers say program offers long-term benefits for financial industry
January 28, 2021
Virginia Thomas
The U.S. Small Business Administration has released a third round of Paycheck Protection Program loan funds, and bankers here say they're prepared to handle changes made as a result of updates to the program.
Read More
Natasha Nellis

Project delays in Hillyard area pinch PDA

Organization supporting The Yard secures funds to offset lag in revenue
January 28, 2021
Natasha Nellis
Development of two massive projects in northeastern Spokane-the Beacon Hill residential development and the Esmeralda Commerce Park-might not start as expected this year.
Read More
Architects West Inc.

Fair Play: $10 million expansion envisioned at Fair & Expo Center

Proponents hope project would boost tourism, retail spending
January 14, 2021
Natasha Nellis
The city of Spokane Valley is planning a two-story, $10 million addition to the Spokane County Fair & Expo Center, with the goal of boosting tourism and retail spending.
Read More

Meteoric rise in unemployment tax hits businesses

If state legislation doesn't provide relief, some worry hikes will doom employers
January 14, 2021
Virginia Thomas
Barring relief, some employers fear recently-implemented unemployment tax increases could be the final straw that puts them out of business permanently.
Read More

Spokane-area businesses received $786M in PPP loans

Lenders: Most borrowers haven't yet submitted loan-forgiveness requests
December 17, 2020
Virginia Thomas
More than $786 million went to 6,755 businesses in Spokane County through the federal Paycheck Protection Program, according to detailed data released earlier this month by the U.S. Small Business Administration. The disclosure comes after several
Read More

Spokane City Council passes tax to finance affordable housing

Collection to begin July unless alternative found
December 3, 2020
Virginia Thomas
Spokane City Council has approved a measure that will impose a 0.1% sales and use tax, the revenue from which will be dedicated to providing more affordable housing within the city.
Read More
VIRGINIA THOMAS

Bill would expand incentives for retirement savings

Proposed act includes automatic enrollment, matching for student loans
December 3, 2020
Virginia Thomas
Proposed federal legislation some are calling SECURE Act 2.0 likely would encourage saving for retirement by expanding on legislation passed in 2019, local financial consultants and planners say.
Read More

Extra credit for helping nonprofits is coming

Filers who don't itemize still can get deduction this year for charitable donations
December 3, 2020
Kevin Blocker
As 2020 continues its arduous march to an end, Inland Northwest financial advisers, tax preparers, and heads of nonprofits are reminding clients and benefactors about a charitable giving tax benefit included in the federal Coronavirus Aid, Relief,
Read More

Potential unemployment tax hikes concern builders group

State's post contrasts association's forecasts
October 22, 2020
Kevin Blocker
Members of the Associated Builders & Contractors' Inland Pacific Chapter have expressed concerns to Gov. Jay Inslee's office about the possibility of businesses experiencing steep unemployment insurance rate hikes in coming years.
Read More

Structural issues persist at Spokane Valley City Hall

Forensic architect team studies building this month
October 22, 2020
Kevin Blocker
This article has been updated to include comments from Mark D'Agostino, president of Meridian Construction Inc., and the company's attorney John Black.
Read More
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