Governor JB Pritzker announced massive changes and help for small businesses, families, and employees during the shelter in place order given by the Governor to slow the spread of COVID-19. Governor Pritzker announced that tax filing has been delayed to July 15th. The Governor also announced help for small businesses.
A small business stabilization program for downstate has also been launched for emergency grants to help small businesses that are being served by DCEO’s office of community development. Hospitality businesses will receive support from a grant program from the DCEO as well as job training.
Governor Pritzker also is working to alleviate financial stress on families as well. The DCEO has asked all banks to modify their loan structures to a three-month deferral or 6 months of interest-only payments for small businesses.
Governor Pritzker has also addressed mortgage assistance by asking the federal institutions like Freddie Mac to reduce the strain with multi-month forbearance for financial relief. The Governor has also asked for no punishments on credit ratings for the time being.
There are 330 new cases of coronavirus in Illinois today with three more deaths. This brings the total to 1,865 cases in 35 counties and 19 deaths. Dr. Ngozi Ezike, Director of Public Health, expressed her concern over the influx of cases that have been coming day in and day out, and the department of public health continues to learn and educate. Dr. Ezike says that to get tested it all starts with your clinician.
Treasurer Michael Frerichs spoke about the unclaimed property division and helping get people back their money to help in this time of need.
You can hear every Governor Pritzker press conference on the many NEWSTALK WTIM platforms every day at 2:30 PM.