{"id":2690,"date":"2020-03-24T11:00:12","date_gmt":"2020-03-24T18:00:12","guid":{"rendered":"https:\/\/sandiegonewsdesk.com\/?p=2690"},"modified":"2020-03-25T04:29:13","modified_gmt":"2020-03-25T11:29:13","slug":"mayor-kevin-faulconer-approves-4-million-relief-package-for-local-businesses","status":"publish","type":"post","link":"https:\/\/sandiegonewsdesk.com\/?p=2690","title":{"rendered":"Mayor Kevin Faulconer Approves $4 Million Relief Package for Local Businesses"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Though the Coronavirus is impacting every aspect of life as we know it, it\u2019s safe to say that one of the biggest threats it poses is to our economy. Local businesses have been struggling to stay afloat in light of recent closures, making it absolutely imperative for some sort of economic aid to be provided.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thankfully, Mayor Kevin Faulconer is on the case. He recently announced a $4 million economic relief package for struggling local businesses adversely affected by the pandemic. San Diego will work with local financial institutions to establish a relief fund with zero-interest loans, starting at $4 million, but expected to grow.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Apart from the much-needed funds, programs to delay payments of business tax certificates and associated fees for 120 days, suspend water billing fees and late payment penalties to prevent commercial account shutoffs, and to extend all building permits for 180 days are also coming into play to protect local businesses.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Though this isn\u2019t an egregiously large package of money \u2014 nor is it a free handout \u2014\u00a0it\u2019s an effective and smart way to help protect our local economy when times are tough. These crucial policy measures are a great display of leadership on Faulconer\u2019s part, and are exactly what San Diegans need to get through these difficult times.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Though the Coronavirus is impacting every aspect of life as we know it, it\u2019s safe to say that one of the biggest threats it poses is to our economy. Local businesses have been struggling to stay afloat in light of recent closures, making it absolutely imperative for some sort of economic aid to be provided&#8230;.<\/p>\n","protected":false},"author":3,"featured_media":1954,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,2],"tags":[],"class_list":["post-2690","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mayor Kevin Faulconer Approves $4 Million Relief Package for Local Businesses - San Diego News Desk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sandiegonewsdesk.com\/?p=2690\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mayor Kevin Faulconer Approves $4 Million Relief Package for Local Businesses - San Diego News Desk\" \/>\n<meta property=\"og:description\" content=\"Though the Coronavirus is impacting every aspect of life as we know it, it\u2019s safe to say that one of the biggest threats it poses is to our economy. 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