Capital Region Novel Coronavirus (COVID-19) Update and Regional Resources

Many of you here in the Capital Region are likely working remotely at this time as we continue moving forward through a difficult time. Our families, communities and local businesses are facing challenges unlike those felt before. And yet we are still just at the beginning stages of a longer-term effort to severely limit the transmission of the virus and “flatten the curve” by limiting cases that our hospitals and health care professionals are dealing with. At this point, NY appears to have one of the greater numbers of infection rates in the US, although increased testing will continue to better illustrate numbers of those infected.

CDRPC is committed to sharing resources during this trying time- related to COVID-19 or to the many important initiatives important to communities that will continue to be important and continue on in the longer term. We will provide information and resources, and update as additional information becomes available. Please provide updates and additional resources for us to add. Share with others that may be interested or able to provide additional resources.

Emergency Changes to Open Meetings Law in Response to COVID-19

Please see this information about emergency changes to open meeting laws requirements.

Please see these excellent resource pages: 

Capital Region Chamber- Corona Virus (COVID-19) Information and Resources

Rensselaer County Chamber of Commerce – Corona Virus Resource Guide

 

Federal Resources

CDC Guidance for Individuals, Businesses, and Communities

For more information on coronavirus, please visit: cdc.gov/COVID19.For current information and guidance regarding COVID-19, including guidance for Businesses and Employers, please visit the Center for Disease Control’s COVID-19  webpage at: https://www.cdc.gov/coronavirus/2019-ncov/index.html

Resources on this site include:

US Small Business Administration (SBA) COVID-19 Economic Injury Disaster Loans

SBA is offering low-interest federal disaster loans for working capital to (a) small businesses or (b) private nonprofit organizations that are suffering substantial economic injury as a result of the Coronavirus.

DETAILS:

  • Your business must be experiencing a business loss due to COVID-19
  • Entities may qualify for loans up to $2 million
  • Maximum unsecured loan amount is $25,000
  • Interest rates: 3.75% for small business; 2.75% for private nonprofits
  • Term – up to 30 years
  • Use of funds: working capital, paying fixed debts, payroll, accounts payable, other bills that could have been paid had the disaster not occurred
  • Loans are NOT intended to replace lost sales or profits or for expansion
  • There is no obligation to take the loan if offered
  • Applicants can have an existing SBA loan or other SBA loan and still qualify for this disaster loan. Loans cannot be consolidated.

*Note applications while be considered in order they are received.

*Information courtesy of SBDC, full posting here– Visit website to sign up for a pre-application counseling session with SBDC staff.

SBA Application Direct Link-

DOL Resources to help workers and employers prepare for COVID-19

he U.S. Department of Labor has resources to help workers and employers prepare for the COVID-19 virus (also known as novel coronavirus). Including:

Johns Hopkins Coronavirus Resource Center

Provides updated statistics and mapping of known COVID-19 cases throughout the world.

FEMA Financial Assistance 

Information on Individual and Public disaster relief assistance.

State Resources

Empire State Development (ESD)

ESD is providing up-to-date guidance for the agency’s partners and other stakeholders impacted by the virus.

Empire State Development  Resource Guide to COVID-19 SBA Disaster Loans– Information related to submitting application for federal loans.

ESD has created this detailed FAQ to answer immediate questions businesses may have regarding State regulations and general guidance related to COVID-19.

In the interim, all businesses and counties are advised to reach out to their regional ESD office and Division of Homeland Security & Emergency Services. Overall guidance for NYS Businesses related to COVID-19: http://www.nysedc.org/wp-content/uploads/2020/03/Guidance-For-New-York-State-Business-Related-to-Covid-19.pdf

New York State Department of Health

Provides frequently updated news from State leadership on the response to COVID-19

New York State Department of Labor

NYSDOL is waiving the 7-Day waiting period for Unemployment Insurance benefits for people who are out of work due to Coronavirus (COVID-19) closures or quarantines.

Regional Resources

The Capital Region Community COVID-19 Response Fund

Co-led by the Community Foundation for the Greater Capital Region and the United Way of the Greater Capital Region, The Capital Region Community COVID-19 Response Fund has been established to provide flexible resources to 501c3 organizations working with local communities who are disproportionately impacted by coronavirus and the economic consequences of this outbreak.

One-time operating grants will help fund frontline human services organizations that have deep roots in the community and strong experience working with vulnerable populations.

Banks and other lending institutions may be offering focused low-interest lending programs to assist small businesses. CDRPC will share any validated program information here in the interest of public information:

SEFCU Financial Relief Program

Understanding that our members may be adversely impacted by an interruption of income or other circumstances, we are offering special options to help members who are experiencing challenges due to this crisis.

County Resources

Each County Public Health Department is leading efforts for reporting, statistics and intake for COVID-19 potentially infected:

Albany County

Rensselaer County Department of Health

Saratoga County Department of Health

Schenectady County Department of Health