Associated General Contractors of America (AGC)
COVID-19 Webinar: Topics include Labor Law, Contractual Law, Safety and more with most recent industry updates.
Construction Financial Managers Association (CFMA)
The COVID-19 Call Center is available 24/7
1 (866) 779-6121 | COVIDfirstname.lastname@example.org
COVID-19 – Small Business Assistance Programs:
Florida Small Business Emergency Bridge Loan Program
The Florida Small Business Emergency Bridge Loan Program is currently available to small business owners located in all Florida counties statewide that experienced economic damage as a result of COVID-19. These short-term, interest-free working capital loans are intended to “bridge the gap” between the time a major catastrophe hits and when a business has secured longer term recovery resources.
For questions regarding the Emergency Bridge Loan Program, please contact the Florida Small Business Development Center (SBDC) Network Headquarters. Email: Disaster@FloridaSBDC.org. Phone toll-free: (866) 737-7232.
SBA – Disaster Assistance – Federal Disaster Loans for Businesses, Private Nonprofits, Homeowners, and Renters.
The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. The interest rate is 3.75% for small businesses. The interest rate for non-profits is 2.75%.
For questions, please contact the SBA disaster assistance customer service center at 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail email@example.com.
Short Time Compensation Program
Run by the Florida Department of Economic Opportunity, it helps employers maintain their staff by reducing the weekly working hours during temporary slowdowns to mitigate against lay offs.
Keeping Workers Paid and Employed Act
The Keeping Workers Paid and Employed Act would prevent workers from losing their jobs and small businesses from going under due to economic losses caused by the coronavirus pandemic. The plan would provide cash-flow assistance through 100 percent federally guaranteed loans to employers who maintain their payroll during this emergency.
Small Business Assistance: Small employers with 500 employees or fewer will be eligible to apply for the loans.
Loan Guaranty Program: The bill would expand the allowable uses for the existing 7(a) Small Business Administration loan program to permit payroll support, including paid sick leave, supply chain disruptions, employee salaries, mortgage payments, and other debt obligations to provide immediate access to capital for affected small businesses.
Entrepreneurial Assistance: The bill would provide grants to offer counseling, training, and related assistance to small businesses affected by COVID-19.
Tax Relief – The Florida Department of Revenue
U.S. Treasury Department and Internal Revenue Service (IRS) postponed tax payments due on April 15, 2020, until July 15, 2020, without penalties or interest.
Phone: (850) 488-6800 or Email: COVID19TAXHELP@FloridaRevenue.com
Frequently asked questions: https://www.hrblock.com/tax-center/irs/deadlines-and-extensions/coronavirus-tax-extension/
Miami Pandemic Response Fund
Health Foundation of South Florida, The Miami Foundation and Greater Miami Convention and Visitors Bureau have joined United Way in providing seed funding of $350,000 to aid families and small businesses.
Useful Contacts and Resources
Florida Department of Economic Opportunity
Phone: (850) 245-7105.
Commercial Real Estate Industry Coronavirus Resource Center
American Hotel & Lodging Association
The Facts About Coronavirus (frequently updated page with a number of links)
American Seniors Housing Association
Building Owners and Managers Association International
International Council of Shopping Centers
Institute of Real Estate Management
Moody’s Corporation is now offering its research and views on the credit and economic impact of the coronavirus (COVID-19) via a dedicated website, available to the public. (Updated March 10)
National Apartment Association
Guidance for Dealing with the Coronavirus (Updated March 17)
NAIOP (Washington State Chapter)
National Association of Realtors
National Multifamily Housing Council
Real Estate Roundtable
“The Roundtable’s Homeland Security Task Force (HSTF) and the Real Estate Information Sharing and Analysis Center (RE-ISAC) are in close contact with the Department of Health and Human Services (HHS) and the Centers for Disease Control and Prevention (CDC) to provide useful information to the real estate industry on the coronavirus threat as it continues to evolve.” (Updated Feb. 28)
SIOR has developed the Community Assistance and Relief in Emergencies (CARE) Program to help facilitate support during times of need such as right now.