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Sunday, November 24, 2024

Gov. Inslee announced boost in financial support for businesses and families hurt by pandemic

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Additional financial support will soon be available for Washington businesses and families struggling as a result of the COVID-19 pandemic. | Facebook

Additional financial support will soon be available for Washington businesses and families struggling as a result of the COVID-19 pandemic. | Facebook

Additional financial support will soon be available for Washington businesses and families struggling as a result of the COVID-19 pandemic. 

Gov. Jay Inslee (D-WA) announced an increased total tor the economic support help after "more discussions with legislators and our agencies." The total dollar amount for the economic support help was raised from $50 million to $135 million.  It includes $70 million in business support grants, $30 million for the recovery loan program, $20 million for help with rent, and $15 for low-income households who need help paying for energy bills. 

$50 million of business support grants was set aside for another round of Working Washington grants which aims to help industries that have been hit hardest by the pandemic. 

"This is a significant relief effort," Inslee said in a release posted on the governor's website, "I can't say it's going to help everyone, but I can say we are not done yet collaborating with our partners to find more funds."

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