New California COVID relief could include checks, business grants, child savings accounts
LA TimesGavin Newsom has proposed more than a dozen financial aid measures to help residents and businesses recover from the pandemic. The California Legislature is weighing a raft of proposals to provide new financial help to residents who have suffered economic hardship during the COVID-19 pandemic, including rent relief, state stimulus checks and grants for small businesses and entrepreneurs wanting to start new ventures. Business assistance Lawmakers are also considering a plan to make available state grants of up to $25,000 for thousands of additional small businesses, expanding a previously approved competitive program providing such assistance. Also, a new California Dream Fund would use $35 million to provide micro-grants of up to $10,000 to “seed entrepreneurship and small business creation in underserved small business groups that are facing opportunity gaps,” including immigrants and Californians who speak limited English, according to the budget. Newsom’s budget proposes $50 million for the state’s I-Bank Small Business Loan Guarantee Program to continue to provide loans as businesses recover from the economic impacts of COVID-19.
History of this topic
A plan to offer COVID-19 survivor benefits could pave the way for California ‘baby bonds’
LA Times
COVID relief bill could permanently alter social safety net
Associated Press
California legislators approve $7.6-billion COVID-19 package, including $600 stimulus checks
LA Times
Am I eligible for California’s $600 COVID-19 stimulus check and other aid?
LA Times
Californians with low incomes to receive $600 checks under $9.6-billion COVID-19 economic package
LA Times
Vaccines to stimulus checks: Here’s what’s in Biden plan
Associated Press
California to provide more food benefits for schoolchildren during the coronavirus crisis
LA Times
California To Give Cash Payments To Immigrants Impacted By Coronavirus
Huff PostDiscover Related
