Federal Resources

Centers for Disease Control & Prevention

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The Centers for Disease Control and Prevention is the leading national public health institute of the United States. It is a United States federal agency, under the Department of Health and Human Services, and is headquartered in Atlanta, Georgia.

Click here to view the nation's COVID-19 Resource Page.

HUD Update

HUD Secretary Ben Carson, in consultation with the Trump Administration and the Coronavirus Task Force, has authorized the Federal Housing Administration (FHA) to implement an immediate foreclosure and eviction moratorium for single family homeowners with FHA-insured mortgages for the next 60 days.

The guidance applies to homeowners with FHA-insured Title II Single Family forward and Home Equity Conversion (reverse) mortgages, and directs mortgage servicers to:

  • Halt all new foreclosure actions and suspend all foreclosure actions currently in process; and
  • Cease all evictions of persons from FHA-insured single-family properties.

Loan Forbearance

Fannie Mae and Freddie Mac (the Enterprises) will offer multifamily property owners mortgage forbearance with the condition that they suspend all evictions for renters unable to pay rent due to the impact of coronavirus.

The eviction suspensions are in place for the entire duration of time that a property owner remains in forbearance. The forbearance is available to all multifamily properties with an Enterprise-backed performing multifamily mortgage negatively affected by the coronavirus national emergency.

The multifamily mortgage forbearance and eviction suspension programs are the latest actions that FHFA has announced to ensure the Enterprises fulfill their missions during the coronavirus national emergency.

Other actions include:

  1. Suspending foreclosures and evictions for Enterprise-backed single-family mortgages at least 60 days;
  2. Forbearance for Enterprise-backed single-family borrowers facing hardship due to coronavirus;
  3. Flexibilities for appraisal and employment verifications for single family homes; and
  4. Additional dollar roll transactions for the Enterprises.

FHFA and the Enterprises will continue to monitor the impact of the coronavirus national emergency on the housing finance market and update our policies as necessary.

National Resources

Small Business Administration Loan Program

The U.S. Small Business Administration (SBA) has approved Governor Henry McMaster’s request for the agency to offer South Carolina’s small businesses with disaster assistance.

The disaster declaration means that South Carolina’s small businesses that have suffered substantial economic injury as a result of the COVID-19 virus may qualify for low-interest federal disaster loans. All 46 counties are included in the disaster declaration. [copy of press release]

South Carolina’s businesses and non-profits can apply online at: https://disasterloan.sba.gov/ela.

Who’s Eligible

SBA is providing low-interest working capital loans of up to $2 million to small businesses and nonprofits current debts.

As of March 23, businesses in every state plus American Samoa, Guam, the Northern Mariana Islands, Puerto Rico and the U.S. Virgin Islands can apply.

You can use the loan to cover accounts payable, debts, payroll and other bills the coronavirus has affected your ability to pay.

How to Apply

  • Apply online and select “Economic Injury” as the reason you’re seeking assistance.You’ll need to supply required supporting documentation that could include the business’s most recent tax returns, a personal financial statement and a schedule of liabilities that lists all your current debts.

Call the SBA Disaster Assistance Customer Service Center at (800) 659-2955 for help with your application.

Other Federal Resources

Federal Response Summary

US Food and Drug Administration

Infectious Disease Society of America

OSHA Guidance