Federal Guidance & Resources for Communities & Businesses in Response to COVID-19

Updated June 8, 2020

Economic Development Administration (EDA) CARES Act Recovery Assistance

The EDA has received $1.5 billion in funding to help communities prevent, prepare for and respond to COVID-19. Given the widespread nature of the pandemic, most communities in the 50 states and US territories are eligible for funding. EDA’s coronavirus website has several resources, including an FAQ, a press release on the announcement of funding, and a webinar that details the Act. 

And communities can view this Notice of Funding Opportunity (NOFO) to learn how to apply at grants.gov.

Small Business Administration (SBA) Funding for Small Businesses - Applications Open Now

The Senate has passed a new $484 billion small business stimulus package which allows additional funding for the Paycheck Protection Program and the Economic Injury Disaster Loan Emergency Advance. The SBA began accepting new applications on April 27 - click here for information

FEDERAL RESOURCES: 

IEDC is assembling a list of COVID-19 federal resources for economic developers, employers and employees. We encourage you to continue to monitor this site for updates on valuable content and resources.

US Department of Homeland Security - Federal Emergency Management Agency (FEMA) - Communities may be eligible for funding due to the March 13 declaration of a public emergency in response to COVID-19. This action “directs FEMA to assist state, local, tribal, territorial governments and other eligible entities with the health and safety actions they take on behalf of the American public”. Visit this site for updates on COVID-19 funding for your community. Each state, territory and tribal government has an entry for the COVID-19, with important information under the “Financial Assistance” section.

Centers for Disease Control (CDC) - The CDC's website is the most comprehensive resource on COVID-19. The agency also offers information for businesses and workplaces on how to plan, prepare and open in response to COVID-19.

Internal Revenue Service (IRS) - The IRS has extended the deadlines for filing taxes and any payments of due federal income tax until July 15th, 2020. They have also created a section for taxpayers on businesses impacted by COVID-19.  

US Department of Labor (DOL) - DOL is providing resources for COVID-19 workplace safety - including OSHA guidance; wages, hours and leave; and unemployment insurance.

US Department of Agriculture (USDA) - The USDA offers an FAQ on food safety, information on trade and foreign agriculture affairs, and updates on support services such as SNAP and WIC.

Department of Education (DOE) - With so many elementary, secondary and higher education schools currently closed, but considering many factors on how to re-open as they approach the start of new academic years, DOE has many COVID-19 resources for educators. 

Export-Import Bank of the United States (EXIM) - EXIM is offering several relief measures to banks, exporters, and small businesses impacted by the coronavirus.

US Chamber of Commerce (non-governmental organization) - The Chamber has developed a “Resources and Guidelines for Business” site to help business owners and employees address the economic/business impact of COVID-19.

The Consumer Financial Protection Bureau (CFPB) - The CFPB is offering resources on how individuals can protect themselves financially, including those suffering hardships with paying debts and lenders and what to do if one loses their job. 

USA.gov is a comprehensive collection of government resources for businesses & residents, which includes a section dedicated to COVID-19.




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