Center for Economic Development, Center for Community Planning and Development
The pandemic has caused an unprecedented increase in unemployment, the closing or suspension of operations for many businesses, a drastic reduction in the capacity to produce many goods and services, and a significant reduction of disposable household income. To assist with these economic emergencies, federal, state, and local governments have passed legislation to aid households and businesses, including some programs for nonprofits. This brief groups the actions of all levels of government into four categories: general business support, small business support, industry-specific support, and unemployment benefits for individuals. The subsequent sections offer a summary of each program and a link to their full description. The timeline covers a period of time from March to December of 2020 and shows which programs continue in 2021. This research brief will be updated with the next package of new and existing programs as they extend into 2021.
Lendel, Iryna V.; Schnoke, Molly; and Henrichsen, Erica, "Pandemic-Related Business Assistance, February 2021" (2021). Urban Publications. 0 1 2 3 1715.