Good news for small businesses and individuals impacted by this crisis (which is all of us).
Some good news to share:
- Mortgage relief for Californians (From Assemblyman Todd Gloria): Governor Gavin Newsom announced mortgage relief for Californians impacted by COVID-19. Wells Fargo, U.S. Bank, Citigroup, and JP Morgan Chase have all agreed to a 90-day grace period on mortgage payments for those impacted by COVID-19. Another 200 banks within the State have also committed to forbearance. Additionally, late payments will not be reported to credit agencies for those taking advantage of this COVID-19-related relief and financial institutions will not initiate foreclosure sales or evictions for at least 60 days. There is no income requirement, but property owners will have to provide evidence that they have been affected by COVID-19.
- The Senate has passed a bipartisan $2 trillion Coronavirus Relief Bill that includes resources for healthcare facilities, an increase in unemployment benefits, small business assistance, emergency education funding, and cash assistance for those who qualify.
- In addition to SBA loans, Facebook is offering small business grants
- San Diego Small Business Relief and Support
Other resources (from Congresswoman Susan Davis’ office):
- 211 San Diego: local information and resources for San Diego County residents.
- California Labor & Workforce Development Agency: information about paid sick leave, family leave, disability and unemployment insurance. For a quick guide on unemployment insurance, click here.
- California Employment Development Department: information for self-employed and independent contractors to apply for Disability Insurance Elective Coverage.
- Internal Revenue Service: information, updates and resources on tax relief. The deadline to file taxes is now July 15.
- KPBS At-home Learning: free at-home learning resources for children and youth in response to school closures in San Diego.
- San Diego County Office of Education: information on meal sites during school closures.
- San Diego Public Library’s e-Library: borrow free eBooks and eAudiobooks from the local library. The San Diego Public Library is currently closed until April 6.
- Small Business Administration: guidance and loan resources for small businesses.
- Veterans Affairs: resources for veterans from the House Veterans Affairs Committee.