SAN FRANCSICO -- The City and County of San Francisco announced a new plan to provide immediate financial relief for small businesses struggling as a result of COVID-19. The $62 million plan will provide a combination of grants and very low to zero-interest loans, which will complement and expand existing local, state, and federal initiatives. Learn more here.
Assessor Carmen Chu, Co-Chair of the Economic Recovery Task Force, a collaborative body responsible for compiling over 40 recommendations to help the City rebound stronger, issued the following statement:
“With the rollout of COVID-19 vaccines, we are finally seeing some light at the end of the tunnel, but we are not there yet, and these resources will make sure some of our favorite neighborhood businesses will still be around when we get there. San Francisco will rise again and we can do this together.”