COVID-19/Coronavirus Monetary Assistance & Resources
Orange County, FL COVID-19 Rental Assistance Program: ocfl.net/coronavirus.
Notice: Applications close on April 1, 2020 at 5 p.m. This program is shutting down temporarily as they are awaiting additional funds for people who have applied.
Because of the hardship in our community, we are offering a COVID-19 Rental Assistance Program to help those who reside in Orange County.
This is a one-time benefit for one month’s rent assistance for Orange County residents only.
Orange County Government has established a Crisis Assistance Hotline at 407-836-6500. Hours, criteria, and additional information can be found in the Resident Recourses tab on ocfl.net/coronavirus. Appointments will not be given to Orange County residents who are receiving payment from their employer. You MUST call for an appointment.
Mortgage Payment Forbearance For Affected Homeowners: Learn more.
Florida Small Business Emergency Bridge Loan Program – Short-term, interest-free working capital loans which are intended to “bridge the gap” between the time a major disaster hits and when a business has secured longer-term recovery resources. The program provides a short-term loan of State of Florida public funding. It is not a grant and must be repaid. https://floridadisasterloan.org/
SBA Disaster Assistance – The U.S. Small Business Administration (SBA) provides low-interest disaster loans to help businesses and homeowners recover from declared disasters. Businesses can apply for loans online through a 3-step loan process. https://www.sba.gov/funding-programs/disaster-assistance
SBA Economic Injury Disaster Loans – Substantial economic injury means the business is unable to meet its obligations and to pay its ordinary and necessary operating expenses. EIDLs provide the necessary working capital to help small businesses survive until normal operations resume after a disaster. The SBA can provide up to $2 million to help meet financial obligations and operating expenses that could have been met had the disaster not occurred. Your loan amount will be based on your actual economic injury and your company’s financial needs, regardless of whether the business suffered any property damage. https://disasterloan.sba.gov/ela/Information/EIDLLoans
Bartender Emergency Assistance Program – The United States Bartenders Guild’s National Charity Foundation has launched a program for bartenders in need of assistance during the coronavirus outbreak. The Bartender Emergency Assistance Program is meant to aid service industry personnel experiencing financial difficulties as a direct result of the outbreak. Eligible applicants can receive a grant, in undisclosed sums, to help pay their bills. https://www.usbgfoundation.org/beap
Restaurant Employee Relief Fund — Created to help restaurant industry employees experiencing hardship in the wake of the coronavirus disease outbreak. Grants from the Fund will be awarded on a first-come first-served basis to those individuals that meet the eligibility criteria, as reviewed and verified by the NRAEF. A one-time grant of $500 will be disbursed directly to each applicant.
211 – If you need assistance finding food, paying housing bills, accessing free childcare, or other services, use the search bar to find your local 211 or dial 211 to speak to someone who can help. http://www.211.org/services/covid19
United Way COVID-19 Community Response and Recovery Fund – To support this rapidly escalating need, United Way Worldwide has created the COVID-19 Community Response and Recovery Fund. Our Fund supports communities struggling in the wake of the new virus, by supporting local United Ways and 211, the go-to information resource in times of crisis. Every year, 211 specialists answer 12 million requests by phone, text, chat and email to connect people with disaster, food, housing, utility, health care resources and more. There is no other network in the country with a similar pulse on America’s needs. https://www.unitedway.org/recovery/covid19
Coronavirus Bill Lets Struggling Americans Tap Retirement Money: Learn more.
Federal Relief Package — The historic, $2 trillion COVID-19 relief package has been passed by Congress and signed into law. Here is a comprehensive guide to all benefits found in this legislation.
Property Tax Deadline Extended — The Florida Department of Revenue (DOR) issued an emergency order to extend the final due date for property tax payments for the 2019 tax year. DOR has extended the due date from March 31, 2020, to April 15, 2020. More information can be found on DOR’s media website.
Suspension of vacation rentals — In an effort to discourage visitors to the state who may be carrying the coronavirus, Gov. Ron DeSantis announced Friday a two-week suspension of new vacation rentals (30 days or 1 calendar month, whichever is less). The order does not apply to current occupants of vacation rentals. The Executive Order can be found here.
Government Links: Federal, State, County and City
United States Department of Labor
Florida Department of Labor/Jobs
FILE FOR UNEMPLOYMENT BENEFITS HERE: https://connect.myflorida.com/Claimant/Core/Login.ASPX
Florida Department of Health
Orange County Government COVID-19 Update Page
City of Orlando COVID-19 Update Page
Seminole County Government COVID-19 Update Page
Osceola County Government COVID-19 Update Page
Lake County Government COVID-19 Update Page
Changes in Real Estate
Mortgage rates: Over the previous weekend, the Federal Reserve Board slashed short-term interest rates close to 0% – a move that could lower the cost of adjustable-rate mortgages, credit cards and other short-term debt. While it can sometimes influence 30-year mortgages, however, 30-year rates actually went slightly higher as lenders struggled to keep up with an avalanche of current owners trying to refinance their property.
Payment delays: The IRS extended the deadline for paying income taxes. On Wednesday it announced that taxpayers had to pay their taxes on time but had three more months to submit any taxes owed. But it switched gears and, on Thursday, announced that taxes did not have to be filed for three extra months – until July 15, 2020.
The following information has been shared by state and federal organizations as a means to inform the public and help prevent any potential spread of the virus.
- Visit the Florida Department of Health’s website, like them on Facebook, or follow them on Twitter for the latest information about the virus.
- You can also visit the Centers for Disease Control and Prevention, like them on Facebook or follow them on Twitter for more information about the virus.
- The Florida League of Cities offers a comprehensive list of COVID-19 resources.
- County-by-county list of local COVID-19 orders and policies.
- Summarized information for county COVID-19 actions can be found on this dashboard.
- NAR continues to update this document regarding state actions related to real estate services/transactions being considered as essential services.
- NAR has also compiled all state association letters requesting real estate services/transactions be considered as essential services.
- Here is specific information from the CDC regarding travel.
The best way to prevent illness is to avoid being exposed to this virus. As a reminder, the Department of Health always recommends everyday preventive actions to help impede the spread of respiratory diseases, including:
- Avoiding close contact with people who are sick;
- Staying home when you are sick and avoiding contact with persons in poor health;
- Avoiding touching your eyes, nose, and mouth with unwashed hands;
- Covering your cough or sneezing with a tissue, then disposing of the tissue;
- Washing your hands often with soap and water for at least 20 seconds, especially after going to the bathroom, before eating, after blowing your nose, coughing or sneezing;
- If soap and water are not readily available, use an alcohol-based hand sanitizer with at least 60% alcohol. Always wash your hands with soap and water if hands are visibility dirty;
- Cleaning and disinfecting frequently touched objects and surfaces using a regular household cleaning spray or wipe.
With the situation evolving rapidly, we encourage members to monitor and follow any guidance offered by the Florida Department of Health (DOH) and Centers for Disease Control and Prevention (CDC) concerning the virus.