USFWC speaks at press conference with Senator Kirsten Gillibrand and Rep. Nydia Velázquez

The House of Representatives passed the Main Street Employee Ownership act  (HR 5236), now it’s on to the Senate! Our Executive Director Esteban Kelly participated in a press conference on May 21 at Brooklyn Stone and Tile, a converted worker co-op.

This bill will greatly help worker co-ops by providing financing for conversion costs to employee ownership, make SBA 7(a) loans more accessible to cooperative businesses, and promote employee ownership.

Want to know more? Here’s two ways:

  • Attend our Policy and Advocacy Council call for members.
  • Tune in to our public webinar where we’ll present on our federal level policy work like the Main Street Employee Ownership Act and our work with Keith Ellison’s office.