Our Assembly passed an emergency resolution last week for $3million in small business loans. Attached is the resolution and below is the local organization accepting the applications and distributing the funds.
Our main point of debate was how much to put in the fund given the anticipation of revenue decreases. We also have a rental assistance program up for a vote at tonight’s assembly meeting.
https://www.jedc.org/emergency-loan-juneau-businesses
Emily
Emily Wright
Assistant Municipal Attorney
City and Borough of Juneau Law Department
155 S. Seward Street
Juneau, Alaska 99801
Ph: (907) 586-0273
Fax: (907) 586-1147
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From: Disasterrelief disasterrelief-bounces@lists.imla.org On Behalf Of Rachel Morris
Sent: Monday, April 6, 2020 11:01 AM
To: disasterrelief@lists.imla.org
Subject: [Disasterrelief] Emergency Response Small Business Loan Program
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Our City wants to start a loan program to help small businesses in our jurisdiction survive during the public health crisis, with funding to come directly from the City (at least for now). Is anyone doing a similar program? If so, I'd love to see the loan/application/policy forms you've used, hear about legal issues you've encountered, etc.
Thanks in advance!
Rachel
Rachel Morris
City Attorney
Arvada City Attorney's Office
(720) 898-7193
rmorris@arvada.orgmailto:rmorris@arvada.org
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