Earlier this week, when Governor Inslee announced Rollbacks and restrictions for certain industries, he pledged additional Covid relief funds. At that time the promise was for $50 million, but that has increased to $135 million.

Both businesses and residents are the intended recipients of the funds, which are coming from Federal CARES Act assistance.

State residents will benefit with funds such as $20 million in rental assistance for residents and landlords. An additional $15 million will assist with utility bills.

additional cares relief funds increased from $50 million to $135 million

Businesses can look for $70 million in business support grants and $30 million for a recovery loan program.

Grants will be focused on businesses in the hardest hit industries and historically disadvantaged businesses.

The state Commerce Department is creating a portal on its website so that applications for the grants and loans can start as soon as possible.

View the news conference.