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Santa Monica Launches Economic Recovery Task Force

04/29/2020 9:43 AM | Margaret Fulton (Administrator)

At last night’s City Council meeting, City leadership announced the Santa Monica Economic Recovery Task Force, a collaboration between City staff across departments and dozens of business and community partners to quickly develop and implement measures to get our businesses and workers back on their feet, and get our dynamic local economy moving again. The Economic Recovery Task Force is now working in parallel with active emergency response to lay the groundwork for a multifaceted recovery.

Renters and landlords have questioned whether one-time stimulus checks and unemployment benefits will provide enough money to cover rent, and small businesses have complained that the CARES Act offers little money that could be allocated to rent. The city’s temporary moratorium on evictions holds businesses and renters liable for any unpaid rent six months after the crisis is over.

Read More: https://www.santamonica.gov/press/2020/04/29/santa-monica-launches-economic-recovery-task-force-to-accelerate-swift-return-of-businesses-and-opportunities-for-workers

AND: https://www.smdp.com/santa-monica-creates-task-force-to-aid-in-economic-recovery-from-covid-19/190261

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