Posted on April 6, 2020 by admin
Dear Friends and Neighbors,
Governor Lamont and state agencies have announced a number of recent policy changes and announcements with the aim of further limiting the spread coronavirus and steps to protect residents’ financial well being during this difficult time.
Mortgage Payment Relief
Governor Lamont announced a public-private partnership with the state’s financial institutions to provide mortgage relief to Connecticut residents. Specifically, there will be a 90-day grace period for all mortgage…
Posted on April 6, 2020 by admin
Federal CARES Act
The Federal Government passed into law the “CARES Act” that offers relief in response to the economic disruption caused by the coronavirus outbreak. The US Chamber of Commerce has put together a helpful guide on the different aspects of the program and eligibility requirements. Click Here.
The Department of Economic and Community Development has also put together a guide for small businesses for how to navigate the programs. Click Here.
CDC Travel Advisory
The Centers for Disease…
Posted on April 6, 2020 by admin
Connecticut Recovery Bridge Program
Department of Economic and Community and Development Commissioner David Lehman recently announced a new $25 million state loan program aimed at helping small businesses. The Connecticut Recovery Bridge Program provides no-interest loans cover up to $75,000 or three months of operating expenses for businesses or non-profits with 100 employees or less.
Continued School Closings
Governor Lamont recently announced that he is directing public schools…
