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03-17-2020 Coronavirus (4)COVID-19 BUSINESS RESPONSE Economic Development Coordination FW Chamber of Commerce, WEDA, Greater Seattle Partners and King County ADO, Highline College - SBDC Weekly Report Trends, Forecasts, coupled with anecdotal info Daily Visitations 1 COVID-19 BUSINESS RESPONSE Economic Development Federal Programs and Services: Federal Reserve, Economic Development Admin., SBA, FEMA State Programs and Services: ESD, Dept. of Commerce, Dept. of Finance, Revenue Div. Other: National League of Cities, US Conference of Mayor’s Int’l City/County Management Assn. 2 COVID-19 BUSINESS RESPONSE Economic Development Connection with Commercial Property Owners Connection with Banks, S&L’s, Credit Unions, CDFI’s and business lenders Continued coordination 3 COVID-19 BUSINESS RESPONSE Economic Development Items for Recommendation to Consider: -Lines of Credit -Deferral of Taxes and Licenses -Amendments to State Usury Laws 4