Washington State COVID Relief Funds
On November 20, 2020, Gov Inslee announced four new categories of financial support for families and businesses impacted by COVID-19. Last week, with the new shut-down orders, Gov Inslee announced $50 million in business support. After receiving feedback that the number was too small, the State found a way to more than double that amount. Washington’s Department of Commerce will now provide:
- $70 million in business support grants.
- $30 million for the recovery loan program.
- $20 million for rental assistance.
- $15 million for energy bills for low-income households.
The grants will be awarded first to businesses most impacted by COVID-19 and the most recent shut-down orders. Click here for more information.
UPDATE as of 11/30/20:
$50 million of the new Washington COVID financial support money is allocated to Round 3 of the Working Washington business grants. The application portal and additional information is available here. The $20 million remainder will go to qualified businesses that applied in earlier rounds of the program. NOTE: Businesses who previously applied for the resiliency grant program will not need to take any action. Contact HLG if we can help in any way. With offices in Vancouver, Washington, and Portland, Oregon, our business attorneys practice throughout Washington and Oregon.