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WLA Updates: Beneficial Resources During Coronavirus Pandemic

WLA UPDATES:
Beneficial Resources During Coronavirus Pandemic
Dear WLA Members:
Please see new guidelines for landlords, tenants, mortgage, payments and other beneficial resources during coronavirus.
Financial Resources for Consumers
The Washington State Department of Financial Institutions has developed a list of financial resources for Washington consumers impacted by the Coronavirus. We will add to this list as more resources become available.
Trouble Paying Rent or Mortgage
If you don’t have enough money to pay, contact your lender or landlord immediately. Help includes:
Paying Utilities
If you need help paying your utility bills, contact your service provider immediately.
For Businesses
  • Governor Inslee announced that up to $5 million of the Governor’s Strategic Reserve Funds will be made available as small grants to small businesses across the state to help prevent closure due to COVID-19. The state will also be able to waive penalties and late fees for certain late business tax payments, and a number of tax fees will be waived for both business owners and residents.
  • The federal Small Business Administration (SBA) is providing low-interest loans of up to $2 million to help with operating expenses.
  • The Washington State Department of Revenue can provide extensions on taxes or waive penalties.
  • For businesses in Seattle, the City of Seattle has delayed B&O taxes for small business and established a small business stabilization fund to provide grants of up to $10,000.
Additional Resources
Sincerely,
The Washington Landlord Association

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