San Francisco, the state of California and several other agencies, including the S.F. Arts Commission, have announced disaster recovery programs for people whose properties sustained significant damage from flooding and leaks during the historic December and January storms.
Financial relief in the coming months will be essential to economic recovery, said Katy Tang, executive director of the Office of Small Business. She said the key is that the grants for affected business owners can be used for anything they'd like — including inventory and environmental damages. The City recommends that both businesses and property owners reach out to their insurance coverage to fully assess the extent of damage.
In addition, both the state and the city are offering tax breaks to flooded property owner. California is pushing back the tax submission deadline and waiving late fees, while S.F. is offering relief from property tax entirely if a place sustained over $10,000 in damages.
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Source: SFBusinessTimes - 🏆 78. / 68 Read more »
Source: SFBusinessTimes - 🏆 78. / 68 Read more »
Source: SFBusinessTimes - 🏆 78. / 68 Read more »