Governor Pritzker announced a new state initiative to help communities and businesses affected by COVID-19 and recent protests. New state budget funds and funds from the CARES Act make up the $900 million grant. Priority will be given to those…
The Illinois Department of Commerce & Economic Opportunity will be providing $600 million for 3,500 businesses that were interrupted due to the COVID-19 pandemic through the Illinois Business Interruption Grant. This includes bars, restaurants, barbershops, salons, fitness centers or any…
Starting Wednesday, June 17, the Small Business Administration (SBA) and U.S. Treasury Department will begin offering automatic forgiveness for certain independent contractors and create a broader application form for the Paycheck Protection Program (PPP). The updated forms clarify that the…
The Ordinance On Monday, June 15, Mayor Lightfoot introduced the COVID-19 Eviction Protection Ordinance, which provides tenant protection and seeks to minimize COVID-19 related evictions. This legislation requires landlords filing evictions in the 60 days following the reopening of eviction…
Illinois passed a new law last week that increases the time to pay delinquent property taxes from nine months to 13 months. According to Cook County Treasurer Maria Pappas, who helped draft the legislation, this will allow more room for…