DES PLAINES – Small businesses and independent contractors struggling to make ends meet during the COVID-19 pandemic can apply for one-time, zero-interest loans through the Cook County Community Recovery Fund, State Senator Laura Murphy (D-Des Plaines) announced today.
“Our communities are beginning to recover from the COVID-19 outbreak, but the past few months have been devastating to the restaurants, shops and nonprofits that make our neighborhoods unique,” said Murphy. “These funds are a way for the county to offer support to businesses that are especially vulnerable at this time.”
The $10 million Community Recovery Fund offers loans of up to $20,000 for small businesses and up to $10,000 for independent contractors. The program will serve suburban Cook County businesses with fewer than 25 employees and less than $3 million in annual revenue, or independent contractors with less than $100,000 in yearly income who earn at least 50% of their revenue from contracting work.
Self-employed independent contractors, like rideshare drivers and other gig industry workers, who reside in South Suburban Cook County are also eligible to apply.
“With so many business owners hurting, $10 million is just a start,” said Murphy. “But these funds may provide some relief while we work to come up with other ways to offer assistance to our small business community.”
Online applications for the loans in Spanish and English are available now through June 17, 2020. To find additional information and apply, visit www.cookcountyil.gov/recovery.
SPRINGFIELD – As the state begins a staggered reopening process during the COVID-19 pandemic, State Senator Laura Murphy (D-Des Plaines) was glad to see funding set aside for businesses affected by closures in this year’s state budget, signed into law today.
“Our small businesses not only create jobs and stimulate the local economy—they make our communities unique,” said Murphy. “It’s important that we support them as they reopen after weeks of pandemic-related closures and begin the tough recovery process.”
The state budget for the 2021 fiscal year sets aside more than $600 million in funding for businesses impacted by COVID-19. Specific funds have been allocated for daycare providers and businesses in underserved communities.
To help workers get back on their feet until businesses can reopen, the Department of Employment Security will receive nearly $60 million in additional funding to help address challenges with the unemployment system.
Murphy also highlighted features of the budget that aim to support middle class Illinoisans more broadly, like the preservation of funding for K-12 and higher education, as well as an $871.8 million increase in funding to human services agencies providing aid to seniors, children and families across the state.
“Illinois unemployment is at a record high, but I hope these funds will give business owners, workers and their families the support they need to recover from pandemic-related losses as our state begins to reopen,” said Murphy.
The budget is contained in Senate Bill 264. The governor signed it into law Wednesday, and it takes effect July 1.
DES PLAINES – With millions of Illinoisans out of work due to the COVID-19 outbreak, State Senator Laura Murphy (D-Des Plaines) encourages residents to take advantage of a new online career training program for jobs in the information technology industry.
“The COVID-19 pandemic has hit our workforce particularly hard,” said Murphy. “As the state begins to recover, the Workforce Recovery Initiative could help Illinoisans return to the job market with new, in-demand skills and find a great career.”
Partnering with Coursera, an online learning platform, Illinois is one of the first states to make online job training courses free to residents through their Workforce Recovery Initiative. Now through September residents can apply online to enroll in over 3,800 industry-certified courses offered by accredited institutions. To receive credit, all courses must be completed by Dec. 31.
If you are interested in career opportunities outside the information technology industry, Get Hired Illinois is an online job portal that has over 60,000 listings available in a variety of industries.
SPRINGFIELD – As communities across the state begin to recover from the COVID-19 crisis, local governments will have help addressing pandemic-related challenges under a new law sponsored by State Senator Laura Murphy (D-Des Plaines).
“For the past few months, local governments have been at the forefront of our COVID-19 containment efforts, managing regional health departments and providing financial, housing and meal assistance to their struggling communities,” said Murphy. “As the state begins to recover, they will need guidance and flexibility to continue that important work.”
House Bill 2096 is a package of legislation which:
Murphy worked with a bipartisan group of Illinois senators to find solutions to the problems facing local governments as a result of the COVID-19 outbreak, with input from the Township Officials of Illinois, the Illinois Municipal League and other stakeholders.
“These measures lend a hand to local governments as they guide our communities through these challenging times,” said Murphy. “I hope this legislation helps address the most pressing issues facing our towns and cities during the pandemic.”
House Bill 2096 was signed into law Friday.
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