Governor Jay Inslee has announced another set of statewide COVID-19 relief funds designed to help small businesses and individuals impacted by the state’s most recent round of restrictions.
“We are in a very difficult position and we’re acting in a significant way to help businesses … that will have difficult days ahead responding to the pandemic and the restrictions necessary to save lives,” Inslee said at a press conference held Friday, Nov. 20.
The governor said the state will use $135 million from federal CARES Act funds to bolster small businesses, help renters struggling with housing costs and assist low-income residents who need help paying their utilities this winter.
“This is a significant relief effort,” Inslee said.
Of the $135 million, the majority — $70 million — will go toward grants for small businesses. The package also includes $30 million in loans for small businesses.
Lisa Brown, the state’s Commerce director, said state leaders realize the pandemic and the public health measures put in place to help lower COVID-19 transmission rates have “put thousands of business owners and employees in a very challenging” situation.