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Government funds to help low-income pay rent, utilities because of COVID-19 This income chart is used to determine eligibility for assistance.
Low-income residents of Stanislaus County who are struggling with paying rents and utility payments due to the COVID-19 pandemic can receive taxpayer-funded assistance through a local Emergency Rental Assistance Program (ERAP).
“This provides a wonderful opportunity for some of our Ceres residents to get assistance as a result of being impacted by the COVID-19 pandemic,” said Ceres City Manager Tom Westbrook.
Stanislaus County, the City of Modesto, and the Stanislaus Regional Housing Authority have partnered to implement ERAP which is funded by the U.S. Department of the Treasury and the state of California. The ERAP will assist households unable to pay rental and utility arrears accrued due to the COVID-19 pandemic between April 1, 2020 and March 31, 2021.
Stanislaus County, the City of Modesto,
and the Stanislaus Regional Housing Authority have partnered to implement a
local Emergency Rental Assistance Program (ERAP) supported by funds from the
U.S. Department of the Treasury and the State of California.
By Jenny Callison, posted Mar 5, 2021 The Small Business Administration has made recent changes to its lending programs that benefit both lenders and their smallest business borrowers. Those changes were part of the consolidated $2.3 trillion federal appropriations package signed into law Dec. 27, which also allocated $284 billion for the SBA’s Paycheck Protection Program (PPP).
“There are increased guarantee percentages for the bank,” said Mike McGinley, executive vice president – small business lending at Live Oak Bank.
He cited the provision that temporarily (through Sept. 30, 2021) enhances the terms of the 7(a) loan program by increasing the SBA’s loan guarantee to lenders to 90% and offering reduced or no fees for the borrower and the lender.