Idaho Housing and Finance Association Rental Assistance Program is back!
Idaho Housing and Finance Association is happy to announce the return of the Housing Preservation Program, a program dedicated to helping renters who have been affected by COVID-19. This program provides assistance to those unable to pay rent or utilities as a result of being financially impacted by ...
SBA and PPP Program Updates
The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in assets for First and Second Draw applications on Friday, January 15, 2021 at 9 am ET. The porta ...
US population growth smallest in at least 120 years, except in Idaho
US population growth smallest in at least 120 years – Idaho Business Review The U.S. population grew by the smallest rate in at least 120 years from 2019 to 2020, according to figures released Tuesday by the U.S. Census Bureau — a trend that demographers say provides a glimpse of the coronavirus ...
Bank of Idaho PPP Funding Now Live
As you may have heard, $284 billion will be available through another round of the Paycheck Protection Program (PPP) to help businesses affected by the pandemic. These funds are available to eligible organizations as a second draw, but also if you have yet to receive PPP funds from round one. Bank o ...
Paycheck Protection Program Re-opened Monday for First Draw Borrowers - Second Draw PPP set for Jan. 13
Paycheck Protection Program Re-Opening Monday for First Draw Borrowers
Second Draw PPP Set for Jan. 13
If you are interested in applying to PPP in the first round, please contact MOFI. Otherwise, you can reach out to your lender and apply on January 13.
Participating lenders will be accepting applications again for loans under the Paycheck Protection Program starting Monday, January 11, 2021. To promote access to capital, only community financial institutions will be able to make First Draw PPP Loans on Monday and Second Draw PPP Loans will start on Wednesday, January 13, 2021. The PPP will open to all participating lenders on January 13.
The following information is now located on www.sba.gov/ppp :
Updated First Draw Forms
Second Draw Forms
Guidance & Resources
SBA Procedural Notice 5000-20074 - Modifications to SBA Forms 3506, 3507, and 750 CA (for purposes of PPP only)
SBA Procedural Notice 5000-20075 - Repeal of EIDL Advance Deduction Requirement for SBA Loan Forgiveness Remittances to PPP Lenders
Community Financial Institutions (CFIs) will be able to submit First Draw (first time) PPP loans starting Monday.
Second draw (second time) loans starting next Wednesday.
Per the Economic Aid Act, a Community Financial Institution (CFI) is one of the four types of lenders.
Eligibility has been expanded to include 501(c)(6)s, housing cooperatives, destination marketing organizations, among other types of organizations; not direct marketing organizations as previously stated.
Free SBDC Resource on COVID-19 Capital Options
With over 200 people signing up for the first session, the Idaho SBDC is hosting a second session of their free COVID-19 Capital Options webinar on January 19th at 2 PM. Register today to learn about changes and updates to available financing options for businesses: http://bit.ly/COVID-19CapitalOpt ...
DOE invites public to review and comment on Draft Environmental Assessment for construction of MARVEL microreactor at Idaho National Laboratory
DOE invites public to review and comment on Draft Environmental Assessment for construction of MARVEL microreactor at Idaho National Laboratory Idaho Falls, Idaho – The U.S. Department of Energy (DOE) today announced the start of a 14-day public review and comment period on a draft environmental ass ...
INL West Yost Partnership will aid water utilities with cybersecurity
INL, West Yost partnership will aid water utilities with cybersecurity Idaho National Laboratory and the water engineering firm West Yost have entered into a licensing agreement that will allow engineers from both organizations to help water utilities around the country protect their most critical ...