Transcript Legislative Updates Congresswoman Judy Chu, CA-27

Becky Cheng
District Director
Congresswoman Judy Chu, CA-27
April 3, 2014
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March 5, 2014
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H.R. 4094, Contract Accessibility Improvement Act
• Raise federal government’s goal of contracts awarded to womenowned small businesses
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Bi-partisan support
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March 10, 2014
Cal State University-Los Angeles
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Speakers: Leader Pelosi, CA Senator Mitchell, Hilda Solis
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• Discussion on Women’s Economic Agenda
1. Equal & Fair Compensation
2. Paid leave & Health Work-Family Balance
3. Affordable Child Care
• Jobs Resource Fair
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Planned Parenthood of SGV
Mothers’ Club
Dept of Labor, Women’s Bureau & Wage/Labor
Foothill Workforce Investment Board
API Small Business Program
American Association of University Women
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March 5, 2014
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Funded under US Department of Commerce
• The Minority Business Development Agency (MBDA) was originally
established as the Office of Minority Business Enterprise by President
Richard M. Nixon on March 5, 1969
• A federal agency dedicated exclusively to minority business enterprises,
the impact of minority businesses on the nation’s economy and on the
general welfare of the country is recognized
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Business support for over 5.8 million minority-owned
business
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March 27, 2014
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New Small Business Administration (SBA) Chief
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2nd Hispanic Cabinet member under President Obama’s
Administration
In 1996, founded & served as Chairwoman of ProAmerica Bank in
Los Angeles
In 1999, was California's first state Latina Cabinet secretary, heading
the Department of Business, Transportation and Housing under
former Governor Gray Davis until 2003.
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Small Business Development Centers (SBDCs)
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Provide assistance to small businesses and aspiring entrepreneurs
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SBDCs are hosted certain agencies, funded in part through a partnership with Small
Business Administration (SBA)
• Free business consulting & low-cost training services including:
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business plan development
manufacturing assistance
financial packaging
lending assistance
exporting & importing support
• disaster recovery assistance
• Procurement & contracting
aid
• market research help
• healthcare guidance
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March 18, 2014
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Commercial Real State & Economic Development (CREED) Act
• Refinance existing commercial mortgages
• Lower monthly payments
• Place more capital back to small businesses
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Counterpart to Senate’s CREED Act bill
• Extends the 504 loan financing program for 5 years
• In 2012, last year of the program, over 2,400 small businesses benefited
from refinancing of over $2.2billion
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Annual district wide function that recognizes outstanding
women, 1 from each city, for their work and contribution to
their respective communities
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Collaboration with City of Sierra Madre
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2014 Honoree:
Alhambra - Adele Andrade Stradler
Altadena – Sandra Thomas
Arcadia – Sandy Ho
Bradbury - Serena Burnett
Claremont – Monica Argandona
Glendora – Nikki Vitale
Monrovia – Donna Baker
Monterey Park – Chau Hua
Pasadena – Tracey Cooper-Harris
Rosemead – Polly Low
San Gabriel – Denise Menchaca
San Marino – Grace Huang
Sierra Madre – Amy Putnam
South Pasadena – Marina Khubesrian
Temple City - Lucy Liou
Upland – Sandy Forney
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Congressional Art Competition
The winning entries (1 from each Congressional District) are
displayed in the corridors of the U.S. Capitol and both
Rep. Chu’s Washington & District Office for 1 year with scholarships
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High school students
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Deadline 4/11/2014
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http://chu.house.gov/congressional-artistic-discovery-competition
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Science, Technology, Engineering and Math (STEM) Academic
Competition, the “House App Contest.”
Development of software application, or “app,” for mobile, tablet, or
computer devices on a platform of choice
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High school students
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Deadline 4/30/2014
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http://chu.house.gov/house-stem-competition