COVID-19 Economic Development Practitioners Toolkit
Last Updated: July 28, 2020 9:00 a.m.
Economic development practitioners of the Greater Sacramento region:
We hope this portal offers an easy-to-access resource list as you work to build local programs and respond to critical challenges in your communities due to COVID-19. Our team will continually identify and update this material throughout this crisis in support of your efforts.
How can you help?
So that we can share best practices with all, please send any program your community has created, is using to assist companies or any other economic recovery email to email@example.com or feel free to drop materials directly into this shared One Drive folder.
You can also join our ‘GSEC EDDT’ SLACK Channel we just set up where we will post reminders, articles, and any other time sensitive updates regarding information available –Click this link to join.
Current GSEC Economist Analysis and Impact Projections
U.S. economic forecast and COVID-19 PDF
Updates and Commentary from Trusted Experts
Digital Transformation of Organizational IT: Part 3 View the webinar recording
Digital Transformation of Organizational IT: Part II View the webinar recording
Digital Transformation of Organizational IT: Part I View the webinar recording
Insperity Business Resiliency Series, Session 7: The Latest on Loan Forgiveness View the webinar recording
City of Sacramento: COVID-19: Your Restaurant is Open, What’s Next? View the recording
City of Sacramento: Life After COVID-19: Re-Engaging Your Workforce & New Regulations to Consider as an Employer View the recording
COVID-19 data map
The below map provides information about the spread of the novel coronavirus across the United States. This data comes from the New York Times and is updated daily. Select the entire country or any specific county or region from the drop-down menu, then click on the COVID-19 tab to choose which variables you’d like to display.
National Resources Quick Reference Links
Initiatives from Bloomberg Philanthropies:
- Bloomberg Philanthropies Local Response Initiative: a new program to virtually convene experts in public health and City leadership to help cities respond to the Coronavirus. Interested mayors and city leaders should email firstname.lastname@example.org to apply.
- COVID-19 Local Government Response and Resource Bank: list of coronavirus-related content for local government leaders with links to municipal examples and city-focused resources
- COVID-19: Local Government Action Tracker: The page includes a Google Sheet of responses from governments across the United States that you can look through for ideas
Best Practices, Response Updates and Program Examples
City of Sacramento
- June 2020 Small Business Recovery Program
- Small Business Emergency Economic Relief Loan Program
- Nonprofit resources
- Staff report for entitlement extension
- Moratorium on commercial evictions passed
City of Roseville
City of Elk Grove
- Lift Investing Program Provides Low-Interest Loans for Elk Grove Businesses Impacted by COVID-19 Visit the Lift Investing website to apply.
Sacramento Region Community Foundation
- The Sacramento Region Disaster Relief Fund will provide one-time rapid response grants to nonprofit organizations working to address the immediate needs of vulnerable populations and communities impacted by COVID-19.
To mitigate the impact of COVID-19 on Sutter County businesses and their employees, Sutter County has committed up to $250,000 in one-time funds to create a temporary Small Business Emergency Economic Relief Fund.
An updated and comprehensive list of examples of response efforts in California communities is available on the CALED website.
Multiple resources available here.
- Deferred Business Taxes for Small Businesses: For businesses with up to $10 million in gross receipts, the City is deferring payment of quarterly business taxes by nine months.
- Deferred Business Licensing Fee: The City is deferring collection of annual small business license and permit fees that make up the Unified License Bill for three months.
- COVID-19 Small Business Resiliency Fund: The City has established a fund administered by OEWD to offer emergency grants up to $10,000 for microbusinesses.
- Paid Sick Leave – Workers and Families First program: The City will contribute up to 40 hours of additional paid sick leave time beyond existing policies to employees.
- SF Small Business Revolving Loan Fund: The City-sponsored Revolving Loan Fund (RLF) provides access to capital, including microloans and technical assistance.
- SF Emerging Business Loan Fund: The Emerging Business Loan Fund (EBLF) offers loans ranging from $50,000 to $250,000 to qualifying commercial projects.
Learn more about San Francisco’s programs here.
City of Fresno
Business licensing taxes will be waived for 90 days. More details here.
City of Riverside
- Inland Empire Microenterprise Collaborative is a collection of microlenders who can provide loans up to $75,000.00 to small businesses. More details here.
- Learn more about Riverside’s programs here.
City of Oakland
- The City’s Finance Department will waive late payment penalties for small businesses that failed to file March 1 taxes on time due to COVID-19. More details here.
- In response to the COVID- 19 pandemic, KIVA US is offering small business applicants expanded loan sizes, now up to $15,000 with grace periods between 1 and 6.
- The City announced a $4 million economic relief package for local businesses struggling financially because of the pandemic. The City will work with local financial institutions to establish a relief fund, which will support zero-interest micro-loans for affected businesses. The fund will be kickstarted by money from the City’s business revolving loan fund. More details here.
- The San Diego COVID-19 Community Response Fund will receive donations and make emergency grants to nonprofit organizations that have deep roots and strong experience supporting impacted communities, particularly those that are disproportionately affected by this global pandemic and its economic consequences.
- The Small Business Relief Fund (SBRF) will help businesses retain employees and sustain continuity of operations impacted by federal, state, county and local emergency declarations regarding COVID-19. Approximately $6.1 million is available in the SBRF, which is being administered by the City of San Diego Economic Development Department.
National Best Practices
- Small Business Stabilization Fund: The City will commit approximately $1.5 million in one-time Community Development Block Grant (CDBG) funds to the Small Business Stabilization Fund, which will provide working capital grants up to $10,000 to qualifying small businesses. More details here.
- Deferral of Business and Occupation (B&O) taxes (gross receipts tax): Businesses that have annual taxable income of $5 million or less and currently pay City taxes on a quarterly basis will have until late 2020 to pay their B&O taxes. More details here.
New York, NY
- Businesses with fewer than 100 employees that have seen sales decreases of 25% or more will be eligible for zero interest loans of up to $75,000 to help mitigate losses in profit. More details here.
- NYC Employee Retention Grant Program: The City is offering businesses with fewer than 5 employees a grant to cover 40% of payroll costs for two months to help retain employees. More details here.
- Small Business Emergency Relief: Provides up to $7,500 in cash grants to small businesses that have had to temporarily close, have difficulty paying their rent and utilities or have had to lay off staff due to the COVID-19 crisis.
- IMAGINE 2020 Artist Assistance Fund: Denver Arts & Venues will award grants up to $1,000 to individual artists who live in Denver whose incomes are being adversely affected by the COVID-19 crisis due to cancellation of events, classes, performances and other creative work.
- Denver Microloan Program: A city-wide program that provides loans from $5,000-$50,000 in capital and support services to help stabilize small businesses, with a focus on targeted industries located in the most vulnerable neighborhoods.
Learn more about Denver’s programs here.
- Atlanta’s $7 million emergency fund will provide emergency assistance to food programs for children and seniors, homeless preparedness, support to small businesses, assistance to hourly wage earners and other areas adversely impacted by COVID-19. More details here.
- Atlanta suspended rental payments for four months for concession and car rental companies at Hartsfield-Jackson International Airport. More details here.
The Columbus Foundation Emergency Response Fund will support ongoing relief efforts in response to local, national and international emergencies, natural disasters and epidemics. They are donating to the local communities in Franklin. More details here.
The URA (Urban Redevelopment Authority) is halting all loan payments for URA small business borrowers, including automatic loan payment withdraws from borrower’s accounts, for the month of April 2020. More details here.
Kansas City, MO
The KC COVID-19 Small Business Relief Loan Fund is a new community-backed $5 million small business relief loan fund intended to provide immediate relief to local, small businesses experiencing extreme economic disruption and financial strain as a result of the necessary public health measures to “flatten the curve” and combat the virus.
Miscellaneous Educational Resources
Resources Provided Courtesy of Associated Builders and Contractors of Northern California:
- Cal/OSHA guidance for COVID-19 Infection Prevention in Construction
- Supplemental Toolbox Talks COVID-19
- Coronavirus Toolbox Talk
- COVID-19 in Construction Workplace
- COVID-19 Safety Meeting Outlines
- COVID-19 Toolbox Talks for Subs
- Fact Sheet for Pandemics
- Marek Brother Toolbox Talk
- COVID-19 Action Plan
- Pandemic Preparedness – Coronavirus
- Coronavirus – Workplace, School and Home Guidance
- COVID-19 Tool Cleaning Protocols
- COVID-19 Print Resources
- COVID-19 Fact Sheet
- United States Department of Labor: COVID-19
- CDC COVID-19 Risk Assessment Flowchart
- United States Department of Labor: COVID
July 30 at 3 p.m. | Navigating Legal Options for Tenants Register here
July 30 at 11 a.m. | How Main Street can survive and thrive beyond COVID: Tough lessons for brick and mortar and local governments Register here
August 5 | Economic Development Advancement Series: Manufacturing and Supply Chain Considerations Register here
August 11 | Fireside Chat with a Futurist Register here
August 18 | Future Technologies as Economic Drivers Register here
July 14 Greater Sacramento wants digital training courses to lift underserved communities (Biz Journals)
July 7 Suncrest Bank eyes small dollar lending to buoy PPP (Bank Innovation)
July 7 UC Davis Aggie Square will add billions to Greater Sacramento region (UC Davis)