Northeastern Vermont Development Association Governor Phil Scott announced Tuesday that he will extend the State of Emergency today until August 15. He has been extending it on a month-by-month basis. When announcing the extension this week, Governor Scott urged Vermonters and out-of-state visitors to quarantine after returning to the state, stating that vigilance is allowing safe re-openings. "It's not time to let your guard down."
Housing Assistance Programs $30 million in housing assistance through the CARES Act is available to those affected by COVID-19. The relief program will help tenants unable to pay rent, landlords suffering from loss of rent payments, and lower income homeowners needing assistance in paying their mortgages. The Vermont State Housing Authority manages federal rental assistance statewide and will administer the rental assistance program.The Vermont Housing Finance Agency finances affordable housing statewide and will administer the mortgage assistance payments. Technical assistance will be available through the VT Landlord Association to help landlords access the rental assistance program. Vermont Legal Aid will help tenants and homeowners access funds.
College Campuses New guidance was announced for the safe and healthy re-opening of college campuses College Re-start Plan. Upon arrival this fall, testing will be required for all students, and each must sign a code of conduct agreement. The guidance also addresses density in classrooms, residence and dining halls to facilitate physical distancing.
Application Portal Opened July 6 for Economic Recovery Grants The Agency of Commerce & Community Development and the VT Department of Taxes will work together to administer grant funding made available to Vermont through federal Coronavirus Relief Funds. Visit their websites for important information on "Where and How to Apply." VT Economic Recovery Grants and Vermont Department of Taxes. The grant support center can be reached at (802) 828-1200 from 8:00 am-5:00 pm, M-F, and from 9:00 am-2:00 pm Saturday. The ACCD grant website also has a live Help Chat option. To reach the Tax Department (802) 828-6611 or email email@example.com. Each business or organization applicant may receive only one grant. Grants will be given out on a first-come, first-served basis.
PPE Survey to Help Employers Please take a few moments to complete a brief survey that will assist ongoing efforts to help Vermont employers secure masks/face coverings and other personal protective equipment (PPE) they need. Face Covering Survey The purpose of the survey is to help quantify use, consider current and future demand, and determine an adequate supply.
Paycheck Protection Program: Application Deadline Extended to August 8, 2020 As of July 3, approximately $130 billion remains available for loans to small businesses, sole proprietors, independent contractors, self-employed persons, 501(c)(3) non-profit organizations, 501(c)(19) veterans organizations, and Tribal businesses. The new deadline is August 8. Don't delay. Applicants should apply as soon as possible.
Paycheck Protection Flexibility Act allows small businesses to extend the period of loan forgiveness. Additional key changes include reduced payroll requirement - 60% instead of 75%; and extended repayment time - 5 years instead of 2 years. SBA will soon issue rules and guidance for the Flexibility Act, a modified borrower application form, and a modified loan forgiveness application. The Vermont Economic Development Authority (VEDA) has posted clear, detailed information about the Paycheck Protection Program on their website PPP-VEDA.
SBA Vermont District Office Hosts Free Webinars:
Local Resources: NVDA (www.nvda.net), NCIC (www.ncic.org), and the NEK Collaborative (www.nekcollaborative.org), are working to distribute information and guidance on the resources and opportunities available in the region. Reach out by phone, email or Zoom for information.
Resources for Working Lands Businesses: COVID-19 quick-response support, services, resources, and relief programs available through the Vermont Farm & Forest Viability Program. Visit the website Here.
FEMA COVID-19 Public Assistance FEMA Applicant Information Contact Kim Canarecci, VT State Public Assistance Officer (802) 585-4209 Kim.Canarecci@vermont.gov.
VT Emergency Management Connect to resources on the current COVID-19 emergency response in Vermont VEM website. Bruce Melendy is NVDA's Emergency Management Specialist and Regional Emergency Management Coordinator Bmelendy@nvda.net.
USDA Rural Development Resource Webpage USDA Rural Development has taken a number of immediate steps to help rural residents, businesses and communities impacted by the COVID-19 outbreak. Visit the website for updates on utilities and housing services. www.rd.usda.gov/coronavirus.
VT Manufacturing Extension Center Vermont's go-to resource for manufacturing has a VMEC COVID-19 Resource webpage VMEC.
VT Health Department Daily Coronavirus Update Up-to-date Information and Guidance Find the latest data about cases, testing, hospitalizations, forecasting, resources, and more.
Create a myVTax Account All businesses that pay Vermont Rooms & Meals, Sales & Use, or other business taxes should immediately update or create an account if they do not have one already. It is important to have a current account. This is how the VT Tax Department is distributing emergency recovery grants to local businesses. Create a myVTax Account
Did you know? The VT Small Business Development Center will provide free help to construct financial statements and application forms for disaster relief funding? Contact Ross Hart (802) 535-4240 (cell), Rhart@vtsbdc.org or Heidi Krantz Hkrantz@vtsbdc.org.
VT Department of Labor (DOL)
The DOL website contains important information for employees, employers, unemployment assistance, job openings and training opportunities. Visit http://Labor.Vermont.gov.
VT DOL Pandemic Emergency Unemployment Compensation (PEUC) An additional 13 weeks of benefits are now available to individuals who have exhausted their regular state unemployment insurance claim within the benefit year that expired on or after July 1, 2019. The additional benefits provided by the PEUC program are federally funded. Individuals must remain able to work, available to work, and actively seeking work within the temporary flexibilities approved by the DOL. For more information and detailed instructions visit the PEUC website.
Employee Rights: Paid sick leave and expanded family and medical leave under the Families First Coronavirus Response Act (FFCRA) The Act requires certain employers to provide their employees with paid sick leave and expanded family and medical leave for specified reasons related to COVID-19. These provisions will apply from April 1, 2020 through December 31, 2020. Visit www.dol.gov/agencies/whd.
Source: Northeastern Vermont Development Association www.nvda.net 7.14.2020