We hope you are all faring well and that you are healthy and still have a job. We know some of you will be hit hard financially, but there is help on the way. Whether you have lost your job, your hours were cut, or you have become sick, there is help for the self-employed, 1099 workers and W2 workers. We have done some extensive digging to find resources that extend relief to those affected. Here are our findings:

Cash to you
-Every adult making less than $75,000 will receive a $1,200 check.
-Every child under the age of 17 will get a check for $500
-If you file electronically you should be receiving your check before mid-April. If you don’t file electronically, it will be mailed and will take longer.

Tax Relief
Both your Federal and State 2019 income tax is not due until July 15th 2020, so if you owe, you don’t have to pay now.

Student Loans
You can suspend payments on your student loans until September 30th. Interest shall not accrue and there are no negative credit ramifications

Unemployment benefits have expanded
-Unemployment has been increased by an additional $600 a week. See what you qualify for.
-Unemployment has now been expanded to include Self- employed and Independent contractors or those workers receiving a 1099 instead of a W2.
-Unemployment has been expanded to include those who are still working, but have reduced hours
-Unemployment has been expanded to 39 weeks (Almost 10 months)
To apply go to https://www.oregon.gov/employ/Unemployment/Pages/default.aspx

Receive forbearance on your mortgage
Borrowers with mortgages on properties designed for 1-4 families can request 180 days forbearance from their mortgage servicer if they are unable to pay due to COVID-19. Mortgage servicers are required to grant the request upon attestation of the borrower’s hardship without additional documentation and with no fees, penalties, or interest beyond the amounts scheduled or calculated as if the borrower made all contractual payments on time and in full under the terms of the mortgage contract.

Section 8 voucher has been Expanded
The section 8 voucher rental assistance for Seniors, the disabled and low-income working families has been expanded
For more information, contact Jackson County Housing authority: 1-888-276-7890

Auto Loans & Credit Cards
Many Credit unions and banks are allowing borrowers to delay auto and credit card payments. Call your credit union or bank for individual details and qualifications.

Loans for Small Business Owners
-The SBA (Small Business Administration) has expanded their loans to those businesses making less money than before Covid-19 (see YouTube videos below to explain)
-Paycheck Protection Program (PPP)
(This may be forgivable)
-Emergency Economic Injury Grant of $10,000
-May not have to pay back is a check box on the Business Debt relief application
-Small Business Debt Relief Program
Contact https://covid19relief.sba.gov/
-2 YouTube videos to explain the programs:
PPP: payroll protection https://youtu.be/X0q7VmNni5w
Loan $10,000 grant: http://bit.ly/covidsbaloan

Retirement Accounts
If you have money saved in a retirement account such as a 401K or IRA, you can now take out that money for emergency. The 10% early withdrawal penalty is waived and you have 3 years to pay it back.

Meals and Rental assistance
ACCESS Offers
Housing and rental assistance / food pantry network
Contact them at 541-779-6691 or https://www.accesshelps.org/

Companies hiring temporary employees
https://regionalhelpwanted.com/southern-oregon-jobs/
www.sogoodwill.org

We would like to extend our deepest gratitude for health care professionals working on the front lines of this crisis and all other essential workers like grocery store employees for keeping food stocked and risking your own health to provide for others.

If you have questions about how to access any of the programs mentioned here or want more information, reach out via the contact form below or give us a call at 541-899-7788.

Sincerely,
All of us at Expert Properties