We have identified primary sources of relief through the SBA Payment Protection Program (PPP) and the Economic Injury Disaster Grant (EIDL). These are loans that can be significantly forgiven over time and grants. The application process is designed to allow for checks to arrive to you within days. Additionally, we’ve included information on how to apply for the Denver Economic Development & Opportunity’s Emergency Relief Grant.
Did you miss DMCAR’s Crisis CRE Issues Legal & SBA Relief Guidance Online Event on April 9, 2020?
Real Estate To Respectfully Continue Work
Governor Polis has updated the statewide public health order to include real estate. With this opportunity to continue critical business for our industry, we encourage us all to operate in both a grateful and respectful manner. Law enforcement is working to make all their touchpoints with the public be informative and to not include citations or fines. Let’s be diligent about social distancing always and respectful to return to shutdown rules in our homes and with our families, as soon as critical business has been resolved. Please find below the most recent announcement:
Colorado Releases Updated Public Health Order
to Include Other Critical Services
MARCH 26, 2020, DENVER – Today Gov. Polis and the Department of Public Health and Environment are releasing an updated public health order in accordance with yesterday’s executive order implementing a statewide stay-at-home order.
The public health order was updated to include a number of critical services such as:
- K-12 public and private schools for the purpose of providing meals, housing, facilitating or providing materials for distance learning, and providing other essential services to students.
- Postsecondary institutions including private and public colleges and universities for the purpose of facilitating distance learning or performing essential functions, provided that Social Distancing Requirements are observed, such as security, medical and mental health service, housing, food service, and critical research
- Pastoral services for individuals who are in crisis or in-need of end-of-life services
- Houses of worship may remain open, but must practice social distancing or use electronic platforms
- Professional services, such as legal, title companies, or accounting services, real estate appraisals and transactions
All services included in the public health order are subject to social distancing requirements and are still encouraged to implement telework options and staggered schedules when possible. Businesses that have temporarily closed under the order can continue Minimum Basic Operations to protect assets. Read the updated order here.