Economic Recovery Resources for Utah Communities
As a resource to local economic developers in Utah, below is a list of programs that various Utah communities are implementing to rise to the economic challenges of COVID-19.
Please note: This compilation is not an endorsement of any one policy or referenced source, but a place to share any ideas that can be implemented at the community level. Consider this a bulletin board for sharing best practices and lessons learned.
Follow all Federal and State health guidelines for your city employees and offices.
GOED has launched the Utah Leads Together Small Bridge Loan Program for small businesses. More here.
The state's clearinghouse for all COVID-19 information is coronavirus.utah.gov
Declare a State of Emergency to provide more budget and procedural flexibility to respond to COVID-19. See Riverton City as an example.
Loosen regulations on signage for local business to help them attract more customers.
Monitor your city parks & open spaces. Shut them down if people are not following CDC social distance guidelines. See Draper City as an example.
Consider a 90-day holiday on permitting fees, etc.
Consider a micro loan program. See Salt Lake City as an example.
Consider delaying local tax due dates (following Fed and State to at least July 15).
Six County Association of Governments is contacting the U.S. Economic Development Agency (EDA) to recapitalize its Revolving Loan Fund, to make additional dollars available to small business.
Consider putting capital projects on hold to reserve funding for local COVID-19 relief efforts.
Support your local businesses via email blasts, blog or social media. See Davis County as an example.
Communicate clearly and frequently to your citizens about COVID-19 related changes to Federal, State and Local policy.
Consider a dedicated COVID-19 update page on your city or county website. See Provo City as an example.
Follow the collaborative efforts of public and private sectors in the St. George area in creation of a small business gap funding program, details at www.greatertogetherfund.org
Carefully monitor your local COVID-19 cases and transmission rates. If necessary, issue a local Stay At Home order. See Summit County as an example.
Conference or video calls regularly with local community partners (i.e. Chamber, DWS, SBDC, Tourism, AOG, etc.) to develop plans and build community strength. See Box Elder County as an example. https://event.webinarjam.com/register/2/9vkxyh7
Familiarize yourself with the CDC's guidelines on Mitigation Strategies for Communities.
Consider applying for an EDA RLF grant from the Economic Development Administration (EDA) Revolving Loan Fund (RLF).
Review the CARES Act resources.
ASSOCIATION RESOURCES AND EVENTS
On April 6, IEDC is hosting Richard Florida and Steven Pedigo, who will discuss their ten-point action plan for economic developers to help you and your community mobilize in light of the pandemic.
On April 9, the Urban Land Institute will be hosting an webinar with the Cushman & Wakefield team for an update on how the rapidly evolving COVID-19 pandemic is impacting the commercial real estate industry. Register here.
The Salt Lake Chamber and University of Utah are holding a free forum on April 3 for all Utah businesses to "Navigate COVID-19" with Mike Leavit.
Stay up-to-date on news and resources for Chambers and Economic Developers at Restore Your Economy (a partnership of the US EDA and IEDC.)
Site Selection Group has posted a detailed summary of the benefits of the CARES Act. The items specifically noted are to help companies keep individuals employed and earning wages.
Review IEDC's Leadership in Times of Crisis Toolkit.
Review the Destination Development Association (DDA) webinar on COVID-19 ideas for communities.
Review county response efforts and priorities from the National Association of Counties (NACo).
Review COVID-19 resources from the National Association of Regional Councils (NARC).
Follow COVID-19 updates for the retail and real estate industry, provided by International Council of Shopping Centers (ICSC) at www.icsc.com.
To submit an idea, please email Alan Rindlisbacher, EDCUtah Director of Community Strategy.