Small businesses that borrowed $150K or less can soon apply for loan forgiveness directly through the Small Business Administration rather than their lender.WASHINGTON – The U.S. Small
It’s Census Day. Responses Are More Critical Than Ever ☘ Hoey Team ☘ eXp Realty
Dated: April 1 2020
Wednesday is recognized as National Census Day—but the process of collecting responses from Americans is going to happen a bit differently this year. Under normal circumstances, the U.S. Census Bureau would kick off the once-a-decade nationwide survey by proactively encouraging the 95% of American households who have already received the questionnaire to complete it and return their responses as quickly as possible. But due to the COVID-19 crisis, Americans will be given more time to respond. The pandemic makes the census even more critical, as responses will be used to allocate the federal support upon which states rely in a crisis.
In addition to determining boundaries for legislative districts and driving regular funding for schools, roads, and libraries, the census data helps determine the funneling of resources to hospitals and public health entities that desperately need more help treating those who have fallen ill with the coronavirus. As the survey collection process continues, the Census Bureau—like every government entity—is looking to navigate the COVID-19 crisis as effectively and efficiently as possible.
While the initial response deadline was June 30, the bureau, responding to the outbreak, pushed the deadline to July 31 and then to Aug. 14. While this date is still subject to change again, Americans have at least four months before the bureau closes its once-a-decade operation. Fortunately, it has never been easier to respond to the census online, over the phone, or by mail without ever having to meet a census taker. This year marks the first time the census has accepted online responses.
Even beyond current circumstances, census data is especially important for the real estate sector, as it helps researchers at bodies such as the National Association of REALTORS® provide troves of data to members. Results allow the association to analyze demographic information, make industry growth projections, and evaluate generational housing population demands. The NAR research team also can use the results to analyze migration trends—identifying potential customers and markets—and to better understand the population of homeowners who have been affected by natural disasters.
The decennial census is a population count that is mandated by the U.S. Constitution to take place every 10 years in all 50 states, U.S. territories, and the District of Columbia. This year the census started at the beginning in mid-March. The U.S. Census Bureau, a section of the U.S. Department of Commerce, is responsible for oversight and administration of the census. The population count is conducted using a census survey that asks every household detailed information so that the federal government and state governments can better learn about communities throughout the country. The 2020 census can be completed by phone at 1-844-330-2020, by mail, or online at 2020census.gov from mid-March until July 31, 2020.
The census is important for everyone because completing the 2020 census means more resources for businesses and communities across the country. The data is also used for redistricting purposes and for reapportionment, to ensure fair representation in Congress. Last fall, NAR launched its Census Awareness Campaign to ensure that all 1.4 million REALTOR® members are informed about the upcoming census and to encourage all members to complete the 2020 census. Additionally, NAR has published an online Census Guide to help members, stakeholders, and state and local associations to learn more about the impact of the census.
Article content from our National Association of REALTORS (NAR) Newsletter Magazine, and from other sources including Hoey Team ☘
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