Response and Recovery Resources for Oregon
We’re all in this together. As the Pacific Northwest handles dynamic changes to the way it does business, Maul Foster & Alongi is looking to find and share opportunities that can help our clients, communities, and region persevere and emerge stronger.
Funding Opportunities and Updates | May 14, 2020
Gov. Brown, the Oregon Legislature, and Business Oregon have partnered to provide $10 million in assistance to small businesses adversely affected by COVID-19-related economic conditions. Awards will be made to public entities (e.g., cities, counties, economic development districts, councils of governments) that have or will develop a business assistance program in response to the crisis and are able to meet funding program requirements.
Proposals are due to Business Oregon by 5 p.m. Friday, May 18. Among other requirements, a business must not have received federal emergency assistance under the federal CARES Act or other federal program for emergency pandemic funding.
This is the first of three rounds of funding tied to this program. This round consists of $2.5 million, available up to a one-to-one match to funds in community programs to provide emergency economic assistance to local small businesses. Program awards made to public entities will be structured as forgivable loans.
Click to learn more, including program requirements, application process, and Business Oregon contact information.
The Legislature’s Emergency Board is currently moving through a procedural step that will allow it to formally receive federal funding and allocate it to eligible activities. The Emergency Board, which has the power to allocate state funds when the Legislature is not in session, expects to have about $50 million to distribute in this round. Entities in Oregon that are eligible to receive direct federal funding, such as hospitals, cities with populations over 500,000, and small business lending agencies, have already received available allotments.
The Legislature has not met in a special session, but the Joint Special Committee on Coronavirus Response has prepared Legislative Concept (LC) 29 to outline priority legislative actions to address the most urgent needs for Oregonians impacted by the global pandemic. The concept focuses on housing, food access, personal protective equipment, healthcare access, small businesses, utility assistance, court proceedings, and flexibility in local government processes. LC 29 does not include budget allocations. Read a summary of LC 29.
Gov. Brown’s plan to reopen Oregon relies on four key health metrics: a decline in new infections, availability of protective equipment for health care workers, enough hospital beds to treat victims of the disease, and sufficient testing and contact tracing.