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401 Grand St. Paterson, NJ 07505 | (973) 881-4000
"Rich History, Bright Future"

Breaking News for the Business Community

BREAKING NEWS FOR THE BUSINESS COMMUNITY

May 5, 2021
Passaic County, New Jersey
 

Contact for additional information:
Deborah Hoffman, Director of Economic Development
County of Passaic
973-569-4720

NJEDA

UPDATED INFORMATION:
 
NJEDA Phase 4 Small Business Emergency Assistance Grant Program. 
 
Pre-registration is open now and will remain open until Thursday, April 29th, at 5:00 p.m. Pre-register here: http://bit.ly/NJEDA_Phase4Pre
 
As a reminder, only businesses that have pre-registered will be able to apply. Pre-registration is NOT first come, first served. Applications will open to only pre-registered businesses. There were a number of questions about the varying application deadlines, so we’ve provided more information below. Once you have pre-registered, your application window will be:
 
  • Restaurants, childcare providers, micro businesses, and all other small businesses that did not apply for or were declined Phase 3 funding – 9:00 a.m. on May 3, 2021
  • Restaurants and child care providers who did receive Phase 3 funding – 9:00 a.m. on May 5, 2021
  • Micro businesses (five or fewer FTEs) who did receive Phase 3 funding – 9:00 a.m. on May 10, 2021
  • All other small businesses, excluding restaurants, micro businesses, and child care providers – 9:00 a.m. on May 12, 2021
 
Sources of Additional Information:
 
 
If you cannot find the answer to your question in the resources listed, please feel free to contact NJEDA at 844-965-1125. The hotline hours are Monday to Friday, 8:00 a.m. to 5:00 p.m.
 



News Release
 
NJEDA Announces Launch Dates for $85 Million Phase 4 of the Small Business Emergency Assistance Grant Program

Phase 4 provides short-term, immediate payroll and working capital support to NJ small and medium businesses and non-profits
 
TRENTON, N.J. (April 14, 2021) – The New Jersey Economic Development Authority (NJEDA) today announced Phase 4 of the Authority’s Small Business Emergency Assistance Grant Program, adding $85 million in funds from the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Phase 4 will provide short-term operating support to a broad group of New Jersey small and medium sized businesses and non-profits that have been negatively impacted during the declared state of emergency. More information is available here.
 
Interested business owners will need to pre-register here to access the application. Pre-registration will begin on Monday, April 19, 2021 at 9:00 a.m. and will close on April 29, 2021 at 5:00 p.m. The application will be available via a phased approach following the end of the pre-registration period, as detailed below. Applicants must complete the full application to be considered for grant funding.
 
In line with Governor Murphy’s commitment to a stronger, fairer recovery, Phase 4 funding will be allocated to support the most adversely affected businesses, including restaurants, micro-businesses, and child care providers, as well as other small businesses. To ensure grants reach businesses in the hardest hit communities, including communities of color, one-third of funding will be targeted to businesses with a primary business location within the 715 census tracts designated as eligible to be selected as an Opportunity Zone. 
 
“The economic impact this pandemic has wreaked in New Jersey is still being felt one year after it started, and it has disproportionally affected woman- and minority-owned businesses. The $85 million in additional funds committed to Phase 4 of the Small Business Emergency Assistance Grant Program will directly and expeditiously help these businesses stabilize their operations and minimize potential furlough or layoffs,” said NJEDA Chief Executive Officer Tim Sullivan. “Businesses that are still struggling cannot wait for assistance and we are working uninterruptedly at the NJEDA to ensure that our communities don’t just survive the pandemic, but emerge from it stronger, fairer, and ready to rebuild.”
 
The Small Business Emergency Assistance Grant Program was created to provide funding as efficiently and quickly as possible to small and medium-sized businesses that needed payroll and working capital support as a result of adverse economic impacts following the March 9, 2020 declaration of a State of Emergency and a Public Health Emergency. Since the launch of Phase 1 of the program on April 6, 2020, the Authority has approved nearly 44,000 grant applications representing over $214 million in total grant funding awarded through Phases 1 – 3. The program has evolved with each phase to offer expanded eligibility and award amounts.
 
Phase 4 funds aim to reimburse lost revenue as result of the business interruption caused by the pandemic between March 1, 2020 and the date of the grant agreement, providing the necessary resources to any eligible business that has been temporarily shut down, has been required to reduce hours, has had at least a 20 percent drop in revenue, has been materially impacted by employees who cannot work due to the outbreak, or has a supply chain that has materially been disrupted and therefore slowed firm-level production during the pandemic.
 
Phase 4 once again increases the amount of funding available to businesses. Grant awards will be calculated based on the number of full-time equivalent employees (FTEs) businesses employ. Micro-businesses with five or fewer FTEs and sole proprietorships will receive up to $10,000; businesses with six to 25 FTEs will receive up to $15,000; and businesses with 26 to 50 FTEs will receive up to $20,000. A grant size estimator is available here.
 
To maximize the funding businesses can receive in Phase 4, grant awards will be based on the peak FTE count from a business’s past eight quarters of WR-30 filings. Businesses must use funds from the Grant Program for reimbursement of lost revenue as a result of business interruption caused by the pandemic. Businesses may not use grant funds for capital expenses.
 
The $85,000,000 in funds available through Phase 4 will be allocated as follows:
 
  • Restaurants: $35 million of funding to support businesses classified as “Food Services and Drinking Places” under NAICS code 722, given the disproportionate impact these businesses have experienced due to the pandemic, including caps on on-location dining and unusual costs they incurred to adapt their business models for safe operations.
  • Child Care Providers: $10 million of funding to support businesses classified as “Child Day Care Services” under NAICS code 624410, given the disproportionate impact these businesses have experienced due to the pandemic, including caps on capacity numbers and unusual costs they incurred to adapt their business models for safe operations.
  • Micro-businesses: $25 million of funding to support businesses that have had 5 or fewer FTEs in each of their past eight quarters of WR-30 filings (including businesses with no FTEs), given the unique financial vulnerability experienced because of the pandemic by micro-businesses, which typically have lower financial reserves.
  • Other small businesses (6-50 FTE): The remaining $15 million of funding will support businesses that are not eligible under the micro-business category.
 
Applications will become available on a rolling basis following the pre-registration period (April 19, 2021, 9:00 a.m. to April 29, 2021, 5:00 p.m.) Pre-registered applicants will need to return to
https://programs.njeda.com/en-US/ to complete an application based on the following schedule:
 
  • Businesses that did not apply for, or were not approved for Phase 3 funding – 9:00 a.m. on May 3, 2021
  • Restaurants and child care providers – 9:00 a.m. on May 5, 2021
  • Micro businesses (five or fewer FTEs) – 9:00 a.m. on May 10, 2021
  • All other small businesses, excluding restaurants, micro businesses, and child care providers – 9:00 a.m. on May 12, 2021
 
Applications for each category will be open for a period of one week and will be accepted on a first-come, first-served basis, based upon the date and time the Authority receives a completed application submission.
 
The NJEDA is partnering with three leading marketing agencies to coordinate strategic outreach to targeted communities. Tara Dowdell Group, Medina=Citi, and 360 Marketing and PR were selected to support these outreach efforts based on their established connections to diverse communities across the state. All three firms are minority- and/or woman-owned.
 
The NJEDA is providing the online pre-registration and application in English and Spanish and offering applicants access to interpretation services to support speakers of ten additional languages –Arabic, Chinese (Mandarin and Cantonese), Gujarati, Hindi, Italian, Korean, Polish, Portuguese, and Tagalog.
 
In addition to the Small Business Emergency Assistance Grant Program, the NJEDA administers a variety of technical assistance and low-cost financing programs for small and mid-sized businesses impacted by COVID-19. More information about these programs and other State support is available at https://business.nj.gov/covid or call 844-965-1125.

For more information and support resources, visit bit.ly/NJEDA_Phase4.

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A FREE Business Webinar Series Sponsored by the NJ Business Action Center
 
Visit this link for additional information and to register: https://www.nj.gov/state/bac/bac-webinars.shtml
 
Seminar topics include: 
 
5/11, 12-1pm
Employers have new responsibilities to keep their employees safe. The Department of Labor will share how you can stay compliant.
 
5/13, 12-1pm
As a business owner you need to be familiar with every opportunity for support and services available to you. Hear about some of the lesser-known resources from the State and your local Library, the NJ Urban Enterprise Zone Program, and the Department of Community Affairs’ Main Street program. Stay ahead of your competition; if you don’t use all the support available, your competitors certainly will.

NJBAC




The Shuttered Venue Operators Grant Program
 
In response to stakeholder feedback about reopening the Shuttered Venue Operators Grant application this weekend, the application portal will now reopen Monday, April 26, 2021 at 12:00 p.m. EDT. In preparation for the opening, potential applicants should register on the portal in advance. Applicants will also need a smartphone and a multi-factor authenticator app to register and apply.
 
The SBA has also added the following updated resources.
 
  • Applicant user guide and FAQ: For help with the application process, refer to the applicant user guide and FAQ.
  • Checklist: Use the checklist to make sure you have everything you need to complete your application. 
  • Call Center: For Shuttered Venue Operators Grant application portal technical assistance such as a password reset, browser suggestions, or how to use the multi-factor authentication with an app and the QR code, applicants can call 1-800-659-2955 or, for the deaf and hard-of-hearing 1-800-877-8339 and follow the prompts to SVOG assistance. The call center is open through the weekend from 8 a.m. to 8 p.m. EDT. For additional information and to review applicant resources, visit www.sba.gov/svogrant.


Restaurant Revitalization Fund
Thank you for your interest in the Restaurant Revitalization Fund program. Regardless of where you are in the application process, please review the following reminders and helpful hints about moving forward: 
 
What to expect next:
 
  • As outlined by Congress, the SBA will focus their reviews on the priority applications that have been submitted. Applicants who have submitted a non-priority application will find their applications remain in a Review status while the priority applications are processed during the first 21 days. Applicants in this status should not anticipate any outreach from the SBA during this period. 
  • Following a successful application submission, all applications will first enter a stage called “IRS verification”. This process may take up to seven days and allows the SBA to validate your application submission.
  • If you have questions about the award calculation, see the program guide, pages 7–9.
  • The 4506T form is signed with your application during the e-sign process. You do not need to submit an additional 4506T.
  • If you are entering a state in the address section(s) use the abbreviation in capital letters (e.g., PA, TX, ME, WA, etc.).
  • For application support, you may submit a message using the platform inbox. For quick answers, this may be your best route.
As a reminder, per federal award program guidelines that require the same and equal information be provided to each applicant, SBA’s team members are limited on responses they can provide to applicants, including specific questions regarding RRF eligibility, potential award amount, and other detailed information.
 
Information about the Application Portal.
 
Registration for the Restaurant Revitalization Fund (RRF) will begin Friday, April 30 at 9 a.m. EDT and SBA will begin accepting applications via the application portal on Monday, May 3 at 12 p.m. EDT. The application portal will remain open to any eligible establishment until all funds are exhausted.
 
How to prepare.
 
In preparation, qualifying applicants should familiarize themselves with the application process in advance to ensure a smooth and efficient application. Follow the steps below. 
 
  • Register for an account in advance at restaurants.sba.gov starting Friday, April 30 at 9 a.m. EDT. If you are working with Square or Toast, you do not need to register beforehand on the application portal.
  • Review the sample applicationprogram guide and cross-program eligibility chart on SBA COVID-19 relief options. 
  • Attend one of the webinar trainings listed below. These will be recorded and later posted on SBA's YouTube channel. We will share the recording links via email and on SBA's social media channels.
 
For more information, visit sba.gov/restaurants



WASHINGTON - SBA Administrator Isabella Casillas Guzman today announced the U.S. Small Business Administration will begin registrations on Friday, April 30, 2021, at 9 a.m. EDT and open applications on Monday, May 3, 2021, at noon EDT for the Restaurant Revitalization Fund. The online application will remain open to any eligible establishment until all funds are exhausted. 
 
“Restaurants are the core of our neighborhoods and propel economic activity on main streets across the nation. They are among the businesses that have been hardest hit and need support to survive this pandemic. We want restaurants to know that help is here,” said Administrator Guzman. “The SBA has focused on the marketplace realities of our food and beverage businesses in designing the Restaurant Revitalization Fund to meet businesses where they are. And we are committed to equity to ensure our smaller and underserved businesses, which have suffered the most, can access this critical relief, recover, and grow more resilient.”
 
Established under the American Rescue Plan, and signed into law by President Joe Biden on March 11, 2021, the Restaurant Revitalization Fund provides a total of $28.6 billion in direct relief funds to restaurants and other hard-hit food establishments that have experienced economic distress and significant operational losses due to the COVID-19 pandemic. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Funds must be used for allowable expenses by March 11, 2023. 
 
“Recognizing the great urgency to help restaurants keep their doors open – and with a clear mandate from Congress – the SBA worked at a breakneck speed and is excited to launch this program,” said Patrick Kelley, SBA Associate Administrator, Office of Capital Access. “From day one, we engaged with diverse stakeholders in the food industry community to make sure we built and delivered the program equitably, quickly, and efficiently.”
 
In preparation, the SBA recommends qualifying applicants familiarize themselves with the application process in advance to ensure a smooth and efficient application experience, specifically by:
 
  • Registering for an account in advance at restaurants.sba.gov starting Friday, April 30, 2021, at 9 a.m. EDT.
  • Reviewing the official guidance, including program guide, frequently asked questions, and application sample.
  • Preparing the required documentation.
  • Working with a point-of-sale vendor or visiting restaurants.sba.gov to submit an application when the application portal opens. [Note: If an applicant is working with a point-of-sale vendor, they do not need to register beforehand on the site.]
  • Attending a live recorded virtual training webinar.
 
For the first 21 days that the program is open, the SBA will prioritize funding applications from businesses owned and controlled by women, veterans, and socially and economically disadvantaged individuals. All eligible applicants are encouraged to submit applications as soon as the portal opens. Following the 21 days, all eligible applications will be funded on a first-come, first-served basis.
 
Consistent with the legislation and the intent of Congress, the SBA continues to take steps to ensure the equitable distribution of relief, particularly for the smallest businesses, by creating a $9.5 billion set-aside: $5 billion for applicants with 2019 gross receipts of not more than $500,000; $4 billion is set aside for applicants with 2019 gross receipts from $500,001 to $1,500,000; and $500 million for applicants with 2019 gross receipts not more than $50,000.
 
For more information, visit sba.gov/restaurants or in Spanish at sba.gov/restaurantes.
 
###


US Small Business Administration
 
Restaurant Revitalization Fund
 
This program provides emergency assistance for eligible restaurants, bars, and other qualifying businesses impacted by COVID-19.
 
Content
 
Program details
 
The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.
 
 
 
Supplemental documents
 
 
Get help with your application
 
For assistance preparing your application, you can access the following:
 
 
Webinar Trainings 
 
SBA will host two webinars on Tuesday, April 27 and Wednesday, April 28 covering the Restaurant Revitalization Fund program details and how to submit an application. The webinars will cover the same content. 
 
The webinars are limited to the first 20,000 registrants, however, both will be recorded and later posted on SBA's YouTube channel.
 
Register for one of the webinars below.
 
 
Who can apply
 
Eligible entities who have experienced pandemic-related revenue loss include:
 
  • Restaurants
  • Food stands, food trucks, food carts
  • Caterers
  • Bars, saloons, lounges, taverns
  • Snack and nonalcoholic beverage bars
  • Bakeries (onsite sales to the public comprise at least 33% of gross receipts)
  • Brewpubs, tasting rooms, taprooms (onsite sales to the public comprise at least 33% of gross receipts)
  • Breweries and/or microbreweries (onsite sales to the public comprise at least 33% of gross receipts)
  • Wineries and distilleries (onsite sales to the public comprise at least 33% of gross receipts)
  • Inns (onsite sales of food and beverage to the public comprise at least 33% of gross receipts)
  • Licensed facilities or premises of a beverage alcohol producer where the public may taste, sample, or purchase products
 
 
 
How to apply
 
You can apply through SBA-recognized Point of Sale Restaurant Partners or directly via SBA in a forthcoming online application portal.
 
Registration with SAM.gov is not required. DUNS or CAGE identifiers are also not required.
 
If you would like to prepare your application, view the sample application form. You will be able to complete this form online. Please do not submit RRF forms to SBA at this time.
 
 
Additional documentation required:
 
  • Verification for Tax Information: IRS Form 4506-T, completed and signed by Applicant. Completion of this form digitally on the SBA platform will satisfy this requirement.
  • Gross Receipts Documentation: Any of the following documents demonstrating gross receipts and, if applicable, eligible expenses
  • Business tax returns (IRS Form 1120 or IRS 1120-S)
  • IRS Forms 1040 Schedule C; IRS Forms 1040 Schedule F
  • For a partnership: partnership’s IRS Form 1065 (including K-1s)
  • Bank statements
  • Externally or internally prepared financial statements such as Income Statements or Profit and Loss Statements
  • Point of sale report(s), including IRS Form 1099-K
 
For applicants that are a brewpub, tasting room, taproom, brewery, winery, distillery, or bakery:
 
  • Documents evidencing that onsite sales to the public comprise at least 33.00% of gross receipts for 2019, which may include Tax and Trade Bureau (TTB) Forms 5130.9 or TTB. For businesses who opened in 2020, the Applicant’s original business model should have contemplated at least 33.00% of gross receipts in onsite sales to the public. 
 
For applicants that are an inn:
 
  • Documents evidencing that onsite sales of food and beverage to the public comprise at least 33.00% of gross receipts for 2019. For businesses who opened in 2020, the Applicant’s original business model should have contemplated at least 33.00% of gross receipts in onsite sales to the public.
 
When to apply
 
Priority Period: Days 1 through 21
SBA will accept applications from all eligible applicants, but only process and fund priority group applications. See “Priority groups” below.
 
During this period, SBA will fund applications where the applicant has self-certified that it meets the eligibility requirements for a small business owned by women, veterans, or socially and economically disadvantaged individuals. 
 
See “Set asides” below.
 
Open to all applicants: Days 22 through funds exhaustion
SBA will accept applications from all eligible applicants and process applications in the order in which they are approved by SBA.
 
Priority groups
  • A small business concern that is at least 51 percent owned by one or more individuals who are:
  • Women, or
  • Veterans, or
  • Socially and economically disadvantaged (see below).
  • Applicants must self-certify on the application that they meet eligibility requirements
  • Socially disadvantaged individuals are those who have been subjected to racial or ethnic prejudice or cultural bias because of their identity as a member of a group without regard to their individual qualities.
  • Economically disadvantaged individuals are those socially disadvantaged individuals whose ability to compete in the free enterprise system has been impaired due to diminished capital and credit opportunities as compared to others in the same business area who are not socially disadvantaged.
 
Set asides
  1. $5 billion is set aside for applicants with 2019 gross receipts of not more than $500,000
  2. An additional $4 billion is set-aside for applicants with 2019 gross receipts from $500,001 to $1,500,000
  3. An additional $500 million is set-aside for applicants with 2019 gross receipts of not more than $50,000
*SBA reserves the right to reallocate these funds at the discretion of the Administrator.
 
 
Funding amount
 
Payment calculations
 
Calculation 1: for applicants in operation prior to or on January 1, 2019:
 
  • 2019 gross receipts minus 2020 gross receipts minus PPP loan amounts
 
Calculation 2: for applicants that began operations partially through 2019:
 
  • (Average 2019 monthly gross receipts x 12) minus 2020 gross receipts minus PPP loan amounts
 
Calculation 3: for applicants that began operations on or between January 1, 2020 and March 10, 2021 and applicants not yet opened but have incurred eligible expenses:
 
  • Amount spent on eligible expenses between February 15, 2020 and March 11, 2021 minus 2020 gross receipts minus 2021 gross receipts (through March 11, 2021) minus PPP loan amounts
 
For those entities who began operations partially through 2019, you may elect (at your own discretion) to use either calculation 2 or calculation 3.
 
 
Maximum and minimum amounts
 
SBA may provide funding up to $5 million per location, not to exceed $10 million total for the applicant and any affiliated businesses. The minimum award is $1,000.
 
 
Gross receipts
 
For the purposes of this program, gross receipts does not include:
 
  • Amounts received from Paycheck Protection Program (PPP) loans (First Draw or Second Draw)
  • Amounts received from Economic Injury Disaster Loans (EIDL)
  • Advances on EIDL (EIDL Advance and Targeted EIDL Advance)
  • State and local grants (via CARES Act or otherwise)
  • SBA Section 1112 payments
 
Allowable use of funds
 
  • Funds may be used for specific expenses including:
  • Business payroll costs (including sick leave)
  • Payments on any business mortgage obligation
  • Business rent payments (note: this does not include prepayment of rent)
  • Business debt service (both principal and interest; note: this does not include any prepayment of principal or interest)
  • Business utility payments
  • Business maintenance expenses
  • Construction of outdoor seating
  • Business supplies (including protective equipment and cleaning materials)
  • Business food and beverage expenses (including raw materials)
  • Covered supplier costs
  • Business operating expenses



Restaurant Revitalization Fund

3 Things to Know about the Restaurant Revitalization Fund (RRF)
 
1. Get the program details.
Get the program details such as eligibility, funding amount, allowable use of funds and more. If you haven’t already, sign up for RRF email updates.
All info about RRF


2. How to prepare.
Currently, SBA is not accepting applications for RRF. However, you can prepare your application by reviewing the sample application, program guide and cross-program eligibility chart on SBA COVID-19 relief options. You will be able to apply through SBA-recognized Point of Sale Restaurant Partners or directly via SBA in a forthcoming online application portal. Registration with SAM.gov is not required. DUNS or CAGE identifiers are also not required.
Prepare now


3. When to apply.
The official application launch date will be announced shortly. Ahead of the application launch and over the next two weeks, the SBA will establish a seven-day pilot period for the RRF application portal and conduct extensive outreach and training on how to apply, application requirements and where to apply. Participants in this pilot will be randomly selected from existing PPP borrowers in priority groups for RRF and will not receive funds until the application portal is open to the public. 
 
Following the pilot, the application portal will be opened to the public. For the first 21 days that the program is open, the SBA will prioritize reviewing applications from small businesses owned by women, veterans, and socially and economically disadvantaged individuals. Following the 21-day period, all eligible applicants are encouraged to submit applications. 
Learn more




American Rescue Plan
 
WASHINGTON, D.C. – U.S. Senators Bob Menendez and Cory Booker (both D-N.J.) released the following breakdown of how New Jerseyans will benefit from the American Rescue Plan, the $1.9 trillion COVID relief bill approved by Congress and expected to be soon signed into law by President Biden:
 
Stimulus Checks
  • $1400 direct payments to individuals making less than $75,000 or couples making less than $150,000 and each of their dependent children, phased out to earners up to $80,000/$160,000
  • $9.62 billion in combined direct payments for 3,691,546 eligible New Jersey households – an average $2,605 per household
  • On top of $600 checks approved in December, fulfilling the promise of $2000 per person
  • Unlike previous rounds, adult dependents would be eligible for payments
  • Citizen spouses and children living in mixed-status families are also eligible
Unemployment Insurance (UI)
  • Emergency pandemic UI programs due to lapse Mar. 14 will be extended to Sept. 6, not Aug. 29, as in the House version of the bill
  • Extends $300 federal weekly enhanced benefit through Sept. 6
  • Makes first $10,200 of UI tax-free income for individuals earning up to $150,000
  • Freelancers, gig workers and independent contractors eligible
  • Extends a lifeline to over 268,000 New Jerseyans whose federal UI benefits were due to expire this week
Vaccines/Testing
  • $14 billion for vaccines
  • $49 billion for testing, contact tracing, genomic sequencing to track new variants, and monitoring of COVID-19
  • $7.6 billion to hire 100,000 public health workers to administer vaccines and support the pandemic response
State/Local Assistance
  • $360 billion in direct, flexible aid to every state, county and municipal government, modeled after Sen. Menendez’s SMART Act, to help cover increased costs and lost revenues due to the pandemic, while keeping essential public workers on the job and maintaining critical services for residents; includes $10 billion to expand broadband internet access
  • An estimated $10.2 billion for New Jersey includes approximately $6.4 billion for the state plus another $192 million for broadband, $1.823 billion combined for all 21 counties, and $1.741 billion split among all 565 municipalities
  • $50 billion for Federal Emergency Management Administration (FEMA) Disaster Relief Fund (DRF) to reimburse state and local COVID response costs at 100% cost share
  • New Jersey has already received $2 billion from FEMA DRF
Small Business Assistance
  • New Jersey has seen a 42% drop in small business revenue since Jan. 2020
  • $25 billion targeted assistance for hard-hit restaurants, bars and eateries based on the RESTAURANT Act, championed by Sen. Menendez
  • $7.25 billion for the Paycheck Protection Program (PPP) and second-draw PPP loans
  • $15 billion for Economic Injury Disaster Loan (EIDL) advance grants
  • $10 billion for the State Small Business Credit Initiative
  • $1.25 billion in grants for shuttered concert and stage venues
  • Includes a provision championed by Sen. Menendez to assist pension plans supported by community newspapers
  • Extends the Employee Retention Tax Credit (ERTC) through the end of 2021 to provide a maximum $14,000 payroll tax credit per employee to help keep employees on payroll at struggling businesses
Schools/Child Care
  • $128.55 billion to safely reopen K-12 schools, upgrade ventilation systems, reduce class size, implement social distancing, purchase personal protective equipment (PPE), hire more staff and avoid teacher layoffs; included $2.75 billion for non-public schools
  • $2,764,588,000 for New Jersey K-12 schools
  • $138.2 million reserved to address learning loss
  • $27.6 million reserved for summer enrichment
  • $27.6 million reserved for afterschool programs
  • $73,135,000 for New Jersey non-public schools
  • $39.58 billion for higher education, requiring colleges to use at least half the money they receive to provide emergency financial aid for students
  • $895,648,000 for New Jersey colleges
  • $2.9 billion for Minority Serving Institutions (MSIs)
  • $7.172 billion to help provide internet connectivity and devices to students so they can participate in online learning
  • $24 billion for an emergency stabilization fund to help child care providers to pay staff, rent, purchase PPE and supplies
  • $429 million in Child Care Stabilization Grants for New Jersey
  • $15 billion for the Child Care and Development Block Grant program to help child care providers provide financial relief for families help struggling to pay the cost
  • $268 million in CCDBG grants for New Jersey
  • $1 billion for Head Start
  • $16 million in Head Start funding for New Jersey
  • Expands the Child and Dependent Care Tax Credit so that working families can receive up to $4,000 for the child care expenses of one child and $8,000 for two or more kids
Housing Assistance
Nutrition Assistance
  • $880 million for the Special Nutrition Program for Woman, Infants and Children (WIC)
  • Extends 15% increase in Supplemental Nutrition Assistance Program (SNAP) program through Sept. 30
  • Extends the Pandemic EBT program that provides nutrition assistance funds in lieu of reduced-price and free meals for students during both the school year and the summer
  • 510,000 or 9% of New Jersey adults have reported not having enough to eat
Health Care
Transportation
  • $30.5 billion for transit agencies, including $1.5 billion for the Capital Investment Grant (CIG) program that is funding replacement of the Portal Bridge
    • An estimated $2 billion for NJ TRANSIT
    • $77,821,390 in additional CIG funding for Portal North Bridge project
  • $1.7 billion for Amtrak, including $970 million for the Northeast Corridor (NEC)
  • $8 billion to support airport operations
    • $164,022,331 for Newark Liberty International Airport
    • $6,483,633 for Atlantic City International Airport
    • $5,857,137 for Trenton-Mercer Airport
    • $854,000 combined for New Jersey general aviation airports
    • $15 billion to support airline industry workers
Misc. Tax Credits
  • Includes Sen. Menendez’s Student Loan Tax Relief Act that makes all forgiven student loan debt tax-free
  • Includes the American Family Act, co-led by Sen. Booker, that overhauls the existing Child Tax Credit (CTC) an make it a dramatically more effective tool for supporting middle-class families with kids and reducing poverty
    • Expands the CTC to $3,600 for each child under six and $3,000 for children under 18, which will
      • More than 1.6 million New Jersey children benefit from expanded CTC, including an additional 560,000 children (half of whom are Latino) who previously did not qualify for the full benefit
      • 82% of New Jersey children now eligible for CTC under expansion
      • Fully refundable for low-income parents
      • Families can receive monthly payments instead of annual lump sum
      • Estimated to lift 10 million children out of poverty, including an estimated 89,000 in New Jersey, 2.3 million Black children, 4.1 million Latino children
  • Largest expansion of the Earned Income Tax Credit (EITC) for workers without children in over a decade
    • Nearly triples the maximum credit
    • Extends eligibility to 17 million more low-income workers under 25 without children
    • Minimum age to claim childless credit dropped to 19 from 25; upper age limit eliminated
    • Would put more money in the pockets of 354,000 New Jersey workers struggling to get by
Veterans
  • $14.8 billion for Veterans Affairs (VA) health care
  • $750 million for state veterans homes
  • $386 million for rapid retraining of unemployed veterans
  • $272 million for VA claims and appeals processing
  • $100 million for VA supply chain modernization efforts
  • $10 million for the VA Office of Inspector General to provide oversight
  • $1 billion to cover waiver of VA co-pays for treatment provided to eligible veterans
Consumer Protection
  • $30.4 million to help the Federal Trade Commission crack down on COVID-related scams
Support for Farmers of Color
  • Includes the Emergency Relief for Farmer of Color Act, co-led by Sen. Booker, that provides more than $5 billion in debt relief and assistance for farmers of color who have faced widespread and longstanding discrimination and have seen disproportionate impacts from the pandemic
  • Historic first step towards addressing decades of hurt experienced by Black farmers and farmers of color due to discrimination




COVID-19 Emergency Rental Assistance Program Phase II (CVERAP Phase II)
 
Opening March 22, 2021, the COVID-19 Emergency Rental Assistance Program Phase II (CVERAP Phase II) will provide rental arrears and temporary rental assistance to low- and moderate-income households that have had a substantial reduction in income, have qualified for unemployment benefits, incurred significant costs, or experienced a financial hardship due, directly, or indirectly, to the COVID-19 pandemic. Nan McKay & Associates has been authorized by the New Jersey Department of Community Affairs to assist in the administration of CVERAP Phase II and to communicate with applicants and landlords.
 
Click on the link below to apply:
 
Selected households must meet the following eligibility criteria to qualify for assistance:
 
  • Qualify for unemployment or have experienced a reduction in household income, incurred significant costs, or experienced a financial hardship due, directly or indirectly, to the COVID-19 pandemic;
  • Demonstrate a risk of experiencing homelessness or housing instability;
  • Have a household income at or below 80 percent of the area median income (please see income limits below);
  • Have a lack of assets and savings to pay rent arrears or current and future rent;
  • Be a New Jersey resident; and
  • Obligated to pay rent on a residential dwelling.
 
The program will only pay for rent arrears incurred after March 13, 2020.
 
Property managers or owners of a residential dwelling may apply for assistance on behalf of a tenant. The landlord must:
 
  • Obtain the signature of the tenant on the application, which may be documented electronically; and
  • Must provide documentation of the application to the tenant to notify the tenant that the application has been submitted.
  • Status information will be available at: https://njdca.onlinepha.com by March 22nd, 2021. At this site, you can check the status of your application.
  • Please visit our Frequently Asked Questions at: www.nj.gov/dca/divisions/dhcr/offices/docs/FAQs_CVERAP.pdf if you have any further questions.
  • Continue to check DCA’s website to see when new waiting lists will be opened in the future.
  • A computerized selection (lottery) process will be used to determine the order in which applications will be selected for eligibility determination. Every application submitted during the open application period has the same chance of being selected during the lottery.
  • Please be advised that the submission of a CVERAP Phase II application does not guarantee placement in the program, nor does it guarantee CVERAP Phase II temporary rental assistance.




EIDL

Effective immediately, applicants can send a request for reevaluation of a Targeted EIDL Advance application that was declined to the following email address: TargetedAdvanceReevaluation@sba.gov.
 
Applicants should follow these instructions when requesting a reevaluation:
 
  • Send an email to TargetedAdvanceReevaluation@sba.gov
  • Use the subject line “Reevaluation Request for [insert your 10-digit application number]”
  • In the body of the email, include identifying information for the application such as application number, business name, business address, business owner name(s) and phone number
  • Important: Include an explanation and any documentation that addresses the reason for the decline, if available. SBA will contact applicants if additional documentation is required to complete the review.




Counting Down to NJ's 2022 Plastic Carryout Bag and Polystyrene Foam Ban
 
New Jersey businesses can start preparing now for implementation of a new law, which takes effect May 4, 2022, which ends the use of single-use plastic carryout bags and polystyrene foam food service products at retail stores and food service businesses and replaces them with reusable bags and recyclable products. The use of single-use paper carryout bags will be prohibited at grocery stores greater than 2,500 square feet. Plastic straws will be limited to by-request-only. The New Jersey Business Action Center and the NJ Department of Environmental Protection are working together to help businesses comply with the law. Read the law, a comprehensive list of frequently asked questions (FAQs), an easy-to-read chart explaining how to comply, and many other resources at Business.NJ.gov.
 
Ban on Plastic Bag and Polystyrene Foam Products
 
Updated:
May 4, 2021
 
Effective May 4, 2022, all stores and food service businesses are banned from providing or selling single-use plastic carryout bags or polystyrene foam food service products to customers. Grocery stores that occupy at least 2,500 square feet are also banned from providing or selling single-use paper carryout bags. Instead, reusable carryout bags, as defined in the law, may be provided or sold at the point of sale. Single-use plastic straws may only be provided on a by-request basis, effective November 4, 2021. This state-wide ban supersedes any previous or existing local, county or city ordinances.
 
To assist in determining if your business is impacted by the law, a document has been developed that may be used as a guide. Please see the New Jersey Department of Environmental Protection's (DEP) list of effected establishments and products for clarification .
 
Impact
 
With the ban, New Jersey takes a leadership role in addressing the problem of plastic pollution with solutions to protect the environment for future generations. Most single-use plastic carryout bags end up in landfills, are incinerated or accumulate in the environment. They litter and degrade the quality of waterways and oceans where they do not biodegrade, and through photodegradation release chemicals into the environment that are harmful to human health. This negatively impacts major contributors to the New Jersey economy such as the tourism, fishing, shipping industries and recreation.  
 
Single-use paper carryout bags have been found to have a significant impact on the environment by requiring large inputs of water, energy, chemicals, and wood to produce them. Reusable carryout bags made of materials specified in the law provide a durable, hygienic, and environmentally-friendly alternative. 
 
Resources
 
For additional information and insight into the law, read through the list of Frequently Asked Questions.
 
To stay on track, read the banned bag and polystyrene foam ban timeline for all critical dates as defined by the law. It is recommended that interested parties print a copy of this timeline and keep it posted in order to keep track of the deadlines.
 
If you need additional support, The New Jersey Business Action Center (NJBAC) offers a live chat on this website from 8 a.m. – 5 p.m. Monday through Friday. The live chat is answered by New Jersey-based business experts who can assist in providing answers to your questions.
 
The NJBAC is also offering virtual “roundtables”, or webinars, available to all organizations interested in educating their constituencies about the new law. Please contact Melanie.Willoughby@sos.nj.gov to request a roundtable.
 
Find Approved Bags
 
The law requires that reusable carryout bags be made of polypropylene fabric, PET non-woven fabric, nylon, cloth, hemp product or other washable fabric, have stitched handles, and be designed and manufactured for multiple reuse (see Frequently Asked Questions for details).
 
A list of vendors that provide environmentally sound alternatives to single-use plastic carryout bags, single-use paper carryout bags, polystyrene foam food service products, and single-use plastic straws is coming soon. 
 
This list is provided as a courtesy only. Those persons or businesses who access this information assume fully responsibility for the use of said information and understand and agree that the New Jersey Business Action Center (NJBAC) assumes no responsibility for any arrangements, contracts, purchases, or disputes between a person or business and any vendor on this list. Every business should make its own evaluation of the products and services offered by vendors and their compliance with the requirements of the law. NJBAC does not negotiate, guarantee, recommend, or endorse vendors or products or their compliance with the law.
 
Organizing Agencies
 
The NJ Department of Environmental Protection (NJDEP) is responsible for the overall implementation of the law including the adoption of implementing regulations. The NJDEP, along with Municipalities, CEHA and the Department of Health are responsible for enforcement of the law. Incoordination with the NJDEP, the New Jersey Business Action Center (NJBAC) is responsible for communicating with all businesses their responsibilities for compliance under the law, and the New Jersey Clean Communities Council (NJCCC) is responsible for developing and implementing a Statewide public information and education program including limited distribution of free reusable bags.
 
This law was signed by Governor Phil Murphy on Nov 4, 2020. (S-864) (P.L.2020.C117) .