carmen chu

Press Release: COVID-19 Updates from SF Assessor Carmen Chu

 SF ASSESSOR CARMEN CHU SPECIAL COVID-19 NEWSLETTER
A Message from Carmen 
Prepare Now for PPP Round 2
Earlier this month, $349 billion in federal Payroll Protection Programfunding became available for small businesses and nonprofits as a bridge for COVID-19 related economic impacts.  For many struggling on the edge, the PPP, a low interest loan up to $10 million with the possibility of loan forgiveness, represented a lifeline to an unprecedented and sudden shock.  Unfortunately, almost as soon as the program was announced, the entire pot of funding became oversubscribed.   Understanding that congressional leaders are discussing proposals to replenish the program, I want to provide a few suggestions on how you can get ready if a second allocation is approved: 

1)     Look into banking options now – you might start with the bank where you have an existing loan first but make plans for other options too. The U.S. Small Business Administration’s website has a list of approved lenders you can review. Though this can change, the San Francisco Office of Small Business shared a list of lenders from the Northern California Small Business Development Center (NorCal SBDC) who may still accept PPP application for non-existing customers:Lendistry.comUnited Business BankReady CapitalRadius BankCenterstone LendingT BankSmall Business Majority also publishes a PPP lender list on their resource site, Venturize.  

2)     Gather information for your application and supporting documents now –A sample of the PPP application can be found on the SBA’s website but remember, lenders may have slightly modified formsLine up documents such as 2019 profit/loss statements or tax returns,cost of goods or other expense reports,payroll statements,proof of ownership, andstatement of liabilities (i.e. credit cards and outstanding loans)

Additional Resources:Need help in another language? You can contact Asian Inc. for support in Chinese and Vietnamese, and MEDA (Mission Economic Development Agency) for support in Spanish.

For other questions, you can visit San Francisco’s Office of the Economic and Workforce Development or call 415-554-6134. 
Also, I will also be interviewing  Tobias Damm-Luhr, with Lawyers’ Committee for Civil Rights, to help answer questions from commercial tenants this Thursday at noon. Visit here today and register. 
Please be well and stay safe,


Carmen ChuSan Francisco Assessor
SBA Payroll Protection Program Data Breakdown

As of April 16, 2020, the SBA reported a total of 1.66 million loans provided under the Payroll Protection Program (PPP). Of the $342 billion allocation, California received $33.4 billion through 112,967 loans.


Nationwide, 74% of extend loans are under $150,000 (see below). The full report is available here
Cooped Up with Carmen: We Bring the Experts to You

This month I launched a new video series called “Cooped Up with Carmen”. The goal of the series is to connect residents with meaningful information and to answer some of the common questions people have shared with us. So far we have covered topics such as property tax deferral, stimulus checks, 90-day mortgage grace period, student loans, and access to retirement funds. Videos are available on my Facebook page and  YouTube channel! 
With so many residents worried about how to make ends meet, I want to thank CPA Larry Pon for sharing useful tips on mortgage and student loan deferrals. You can watch the recording here.

This week, I will be interviewing Tobias Damm-Luhr, from Lawyers’ Committee for Civil Rights to talk about commercial tenancies under the COVID-19. Register now to join the discussion. 
Remember, your input helps inform who we invite as guest speakers in the future. You can submit questions ahead of time by clicking here.
Updated Resources for the Community





For residents and families:NEW! Testing and contact tracing to reduce spread: San Francisco launched an innovative new program to identify Bay Area residents who have been exposed to coronavirus, and give them access to the testing and resources needed to keep themselves and their communities safe. Read more here.

NEW! Guide and financial relief for immigrant families:  California’s $75 million Disaster Relief Fund will support undocumented Californians impacted by COVID-19 to receive a one-time cash benefit of $500 per adult with a cap of $1,000 per household to deal with the specific needs arising from the COVID-19 pandemic. Individuals can apply for support beginning May. Visit here for more information.

In addition, California has developed an immigrant resource guide to provide information about COVID-19 related assistance, including public benefits, that are available to immigrants. Visit here for more information.

NEW! Support distance learnings: Our schools will likely be closed for the rest of the academic year. SFUSD has provided a comprehensive list of technology resources for families to support distance learning. For more information, visit here.

NEW! Temporary Housing for Survivors of Domestic Violence: The Human Services Agency worked with property owner Veritas to secure 20 furnished apartment units for survivors of domestic violence in San Francisco. Visit here for more information.

UPDATED! Digital devices and internet access: Over 10,000 devices will be distributed to SFUSD students grades 3-12 needing access to technology to support continuued learning at home while schools are closed. You can contact your school site’s principal or fill out an online request form. See more information here. Governor Newsome also announces commitments from companies, business leaders, and philanthropists to provide Internet access for hundreds of thousands of households and laptops, Chromebooks, and tablets for over 70,000 students. Read more here.

UPDATED! Food resources: San Francisco launches new effort includes providing food for people who are currently in quarantine or isolation, and providing information about food resources to people who are otherwise food insecure. Visit here and call 3-1-1 for more information. Also, SFUSD is providing free, healthy meals to children 18 years and younger. Meal pick up will be available at multiple locations on Monday and Wednesday, from 11 a.m. to 12 p.m. Visit this link for more information. 

Have questions about child care? Or simply trying to keep your children engaged? Check out the Children’s Council’s COVID-19 resource page here. They included frequently asked questions for families, providers and community members.

Free emergency child care: many of SF’s recreation have been converted to provide care for children of healthcare workers and other frontline jobs. For more information please visit this link.

Property tax due May 4: Taxpayers who are unable to pay by this date for reasons related to COVID-19 should submit a request for a penalty waiver online.Please note that penalty waiver requests will not accepted until after the property tax deadline. Visit the Treasurer & Tax Collector’s Office for their information.

Stimulus check: Payments of $1,200 per person, with an additional $500 per child under 17, will be made to US residents who earn under $75,000 (individual) and $150,000 (married couples filing joint returns). For filers with income above, the payment amount is reduced by $5 for each $100 above the $75,000/$150,000 thresholds. Single filers with income exceeding $99,000 and $198,000 for joint filers with no children are not eligible. More information available here. Also, Federal and State income tax filings and payments are extended to July 15, 2020.

Mortgage relief: Over 200 financial institutions statewide, including US Bank, JP Morgan Chase, Citibank, and Wells Fargo, committed to provide immediate relief for property owners with mortgage payments coming due or for families who need to withdraw funds from CD’s. Contact your lender for specific program details, see the press release here.  

Utility shut-off moratorium:  The City has suspended all SFPUC utility shut-offs for 60 days, preventing SFPUC water, sewer, and power customers from having their utilities shut off for nonpayment or receiving penalties for late payments during this period.

Eviction moratorium: The City has established a temporary moratorium on evictions for non-payment of rent by residential tenants directly impacted by COVID-19.  If you are concerned about potential eviction, visit this link to learn more on page 4 of the Mayor’s Declaration. 

Insurance resources for residents: The State of California is providing residents with insurance resources around COVID-19.  The find out more, visit this link.

 eLibrary: Your favorite neighborhood library may be closed but the San Francisco Public Library’s robust digital services give card holders 24/7 free access to ebooks, audiobooks, magazines, movies, classes and more.  

For seniors:
NEW! Reduced-Cost Essential Rides to Seniors and Adults with Disabilities: San Francisco announced a new temporary program to assist those who need to make essential trips during the duration of the Stay Home Order. The Essential Trip Card (ETC) program will provide reduced-cost taxi trips. For more information, visit here.
 
SF Launches Citywide Volunteer Match Program to Support Seniors and People with Disabilities: The volunteer network includes a new program to match volunteers with seniors and others who need assistance getting groceries, medications, and other essential goods. Visit here for more information.Food Bank Transitional Pop Up Pantries: The Food Bank has set-up Transitional Pop-up pantries to support the community. Any pantries, on their Food Locator page with the word ‘Transitional’ in it are open to All (SF and Marin country residents), do not require ID, enrollment/ registration, Income and/ or address verification. These pantries are distributing pre-bagged groceries, which include a grain, produce and a protein.

Home delivered meals: Meals on Wheels offers home delivered meals to homebound seniors ages 65+.  To sign up to receive two meals per day, call 415-355-6700 to complete the program intake process.

Wellness check-up calls: SF’s Little Brothers Friends of the Elderly helps fight isolation for homebound seniors ages 65+ by pairing them with dedicated and caring volunteers who will provide wellness calls or video chats 2 times per week.  Seniors can enroll by completing the form at this link. Please note, Little Brothers is also looking for volunteer callers.  Visit their website to sign up!

For workers:NEW! EDD New Call Center: the Employment Development Department (EDD) will launch a new call center that will operate 7 days a week from 8:00 a.m. to 8:00 p.m. The Unemployment Insurance Branch will be upstaffed with 1,340 employees, including 740 EDD employees and 600 employees from across state government. The Governor also directs EDD to expedite access to the Work Share program to avert layoffs. Visit here for more information.

Changes to Unemployment Insurance: Please note there are some important changes due to the Federal Stimulus Package, such as enhancing weekly benefits by $600 per week; allowing state to extend amount of time workers can receive weekly benefits; expanding eligibility for workers directly affected by COVID-19 (independent contractors, business owners, self employed, freelancers). Click here to learn more.

Paid sick leave:  The City has established the Workers and Families First Program, which will contribute up to 40 hours of additional paid sick leave time to employees beyond their existing policies.  Employers and employees can learn more by visiting this link.

Workers’ Compensation: If you are unable to do your usual job because you contracted COVID-19 during the regular course of work, you may be eligible for temporary disability payments. Check here for more information.

CA State unemployment benefits:California’s Employment Development Department (EDD) has put in place programs to support workers affected by the virus.  If you are sick or quarantined; providing care to a family member; missing work due to school closures and childcare needs; or experiencing reductions in your work hours, you may be eligible for these state benefits.  To learn more about eligibility and available benefits, visit this link.  

For small businesses:NEW! Business tax and fee deferrals update:  San Francisco extends the deadline for businesses to pay their Business Registration Fee by four months and further extends the deferral of Unified License Fees for businesses. Click here for more information.

UPDATED! CARES Paycheck Protection Program: This programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act are intended to assist business owners with needs that they currently have. The $349 billion Paycheck Protection Program (PPP) was designed to provide a direct incentive for small businesses to keep their workers. The program has currently run out of lending limit but expected to receive additional funding soon. Visit SBA to learn more.

UPDATED! Local relief programs:  San Francisco announced $10 Million Small Business Relief Fund, including the San Francisco Hardship Emergency Loan Program (SF HELP), which will rapidly deploy loans up to $50,000 at 0% interest. Funds can be used to pay payroll, rent, utilities, inventory and more. SF HELP will stop accepting applications on Wednesday, April 22, 2020 at 11:59 PM. To check if your business qualifies, please visit this link.  

Moratorium on evictions for small business: The City has enacted Governor Gavin Newsom’s Executive Order to declare a moratorium on the eviction of any small to medium-sized business due to a loss of income related to lost revenue or other economic impacts caused by the COVID-19 pandemic.  You can read full details on the program by reviewing the Executive Order here

Federal relief loans:  The U.S. Small Business Administration has put into place an emergency low-interest loan program, the Economic Injury Disaster Loan Program, to provide vital economic support to small businesses experiencing revenue loss.

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