SNJDC COVID-19
MEMBER UPDATE

May 4, 2020
Executive Order
On Saturday, Governor Murphy signed Executive Order 136 suspending the NJ Department of Environmental Protection 's 90-day deadline for decisions on construction project permit applications. The extension of the deadlines is meant to give the DEP more time to work under the new circumstances created by the coronavirus.

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School Closures
Governor Murphy announced today that statewide school closures will be extended through the end of the 2019-2020 academic year. Public schools will continue to provide remote learning for students to allow districts to meet the state-required minimum of 180 instruction days.

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Main Street Lending Program
On Thursday, the Federal Reserve released guidelines for the Main Street Lending Program that will offer four-year loans starting at $500,000 for small- and medium-sized businesses impacted by COVID-19.

To qualify, a business must have had fewer than 15,000 employees or less than $5 billion in revenue in 2019. Lending institutions are administering the program, and a high percentage of each of the loans will be guaranteed by the Fed. Principal and interest payments will be deferred for one year. 

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Coronavirus Pandemic Resource Guide
Senator Cory Booker has published a Coronavirus Pandemic Resource Guide for New Jerseyans. Including information on the CARES Act, health resources, unemployment insurance, small businesses and much more, the guide serves to act as a comprehensive resource for New Jersey.

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The Chronicle
We’re soliciting sponsored content for our COVID19 Special Edition Chronicle Magazine to be delivered electronically to over 4,600 email addresses of business leaders and elected officials.

The theme is "How COVID19 is Impacting South Jersey" and we are offering SNJDC members an opportunity to provide sponsored content.

Click here for more information.
Southern NJ Development Council | (856) 228-7500 | snjdc.org