Using the Community Revitalization Act to help local news

Rebuild Local News Coalition, American Journalism Project and the Lenfest Institute, with support from the Revson Foundation, are exploring how the Community Revitalization Act (CRA) could be used to increase small local news outlets' access to credit and capital. We are drafting a letter to submit to key federal regulatory agencies reassessing how to enforce the CRA. It would tremendously helpful to us if you could help us understand the types of financial services your business needs. All of your responses will be confidential and will only be share on an consolidated, anonymized basis. 

Please return your completed survey ASAP but not later than July 15, 2022, and address any questions to Anna Brugmann at abrugmann@reportforamerica.org. Many thanks for your participation!

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* 1. What is the name of your publication?

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* 2. Please select the category that best defines your organization

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* 3. Please share your total revenue including grants in 2021 or the last year you have data for

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* 4. Do you have a banking relationship today with a commercial bank?

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* 5. Do you have a loan, line of credit or business credit card from a bank today?

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* 6. If you answered "yes" to question three, do you think this loan or line is adequate to meet the needs of your business?

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* 7. Have you applied for a loan, line of credit or business credit card from a bank in the last year?

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* 8. Is a lack of adequate capital preventing your organization from growing, making a profit or becoming sustainable?

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* 9. What type of financing is most important today for your business?

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* 10. Have you had success in obtaining any of the above types of financing and from which institutions or banks?

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* 11. If you had greater access to financing, which of the following would you use it for?

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* 12. How many banks consistently advertise with you today? 

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* 13. What is the address of your main office? (Rebuild Local News will use this to gauge if you are located in a low-to-medium impact area.)

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* 14. Who is your main audience for your publication? 

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* 15. Who, according to your analytics, is your average reader?

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* 16. In what zip codes do your frequent readers live?

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* 17. The Community Revitalization Act encourages banks to support businesses that provide important community service. What evidence or arguments would you offer to make the case that your organization?

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