Reopening & Recovery

The past year and a half have been unlike any other time in history. As a nation and an industry, we were faced with challenges old and very new, demanding flexibility, focus, and resilience. And, although we experienced and continue to deal with incalculable loss and grief, we have emerged on the other end. Thanks to the determination and hard work of millions of Americans and the industry we represent, the worst of the coronavirus outbreak seems to be behind us. 

For the duration of the pandemic, NYBA tracked and reported on all banking-related notices and regulations in New York State. In March, we released a comprehensive report on the industry's response to COVID and its fallout. And as the situation began to brighten, we created a hub for reopening resources and services, below. Please feel free to continue to use these resources.

NYBA is committed to sharing vital information and updates with the banking community on New York's Reopening and Recovery from the coronavirus pandemic. This page will be updated frequently, so visit often for all the latest news.

Business Resources

NYS Small Business Recovery Grant Program -- revised August 25, 2021
Governor Hochul Expands Eligibility for Small Business Grant Program
Governor Cuomo Announces Small Business Recovery Grant Program

NYS Rental Assistance Program
The Office of Temporary and Disability Assistance Announces the Emergency Rental Assistance Program
Information for ERAP Providers
Information for Landlords

Helpful Videos about the Emergency Rental Assistance Program:

Understanding the Emergency Rental Assistance Program Requirements and Applying for Funding - YouTube

Understanding the Landlord Portal for the Emergency Rental Assistance Program - YouTube

Using the Tenant Application and Uploading Documents for the Emergency Rental Assistance Program - YouTube

NY FORWARD Reopening Guidelines

• CDC: Phased Allocation of COVID-19 Vaccines
• State of New York COVID Vaccination Information
• NYS Forward Reopening: https://forward.ny.gov/
• Essential Business Guidelines: https://esd.ny.gov/guidance-executive-order-2026
• Phase One Industry Guidelines: https://forward.ny.gov/phase-one-industries
• Phase Two Industry Guidelines: https://forward.ny.gov/phase-two-industries
• Phase Three Industry Guidelines: https://forward.ny.gov/phase-three-industries
• Phase Four Industry Guidelines: https://forward.ny.gov/phase-four-industries
• NYC Reopening Guidance - https://forward.ny.gov/reopening-new-york-city
• NY Forward Safety Plan Template: https://www.governor.ny.gov/sites/governor.ny.gov/files/atoms/files/NYS_BusinessReopeningSafetyPlanTemplate.pdf

NY FORWARD Loan Program: Another Way for Banks to Help Businesses

• NYS ESD New York Forward Loan Program - https://esd.ny.gov/nyforwardloans-info

New York City RESTART

• Businesses & Facilities: https://www1.nyc.gov/site/doh/covid/covid-19-businesses-and-facilities.page
• Businesses Screening for Symptoms: https://www1.nyc.gov/assets/doh/downloads/pdf/imm/covid-19-symptom-screening-businesses.pdf
• Health Screening Template: https://www1.nyc.gov/assets/doh/downloads/pdf/imm/covid-19-health-screen-template.pdf

Wellness Resources

WWW.NYPROJECTNY.ORG
A crisis counseling and public education resource, including an Emotional Support Helpline -- provided by FEMA and the State of New York

Products & Services to Help You Reopen

SBA Releases New Guidance, Simplified Forgiveness Application Wolf's PPP Loan Forgiveness Advisory Services Wolf's Remote Penetration Testing Services LIBOR Transition: Webcast | Presentation (pdf) | Q&A Expanded PPP Becomes Law to Assist Those Economically Impacted by COVID-19 Key Tax Considerations – Consolidated Appropriations Act 2021		From Pursuit on PPP program SBA Lender Match Considerations in Work Environment Configurations
ENV and Circuit Agency standalone telemedicine program		From TrustExchange on PPP Forgiveness Processing
Resources for wall-mount and free standing HEPA filters; contact Gus Kananis for more information on ordering: gkananis@nyba.com Office Depot Health and Wellness Solutions Personal Protective Equipment (PPE) Remote Workplace Solutions Sani-Stands Tidel Temperature Verification		What You Need to Know about Accepting Payments During COVID-19 What Issuers Are Doing to Foster Cardholder Loyalty Long After COVID-19

NYBA Programs to Help You Learn About Reopening

Industry Advocacy

• NYBA Advocates for Vaccine Distribution for Financial Industry Employees
• Urging Extension of Troubled Debt Restructuring Designations
• ABA Letter Regarding Cares Act Extension
• NYBA Urges Sec. Mnuchin and SBA Director Carranza to Streamline PPP Forgiveness
• NYBA Joins 50 State Associations in Urging Streamlined PPP Forgiveness Process
• NYBA Urges Streamlined PPP Loan Forgiveness Process
• NYBA Launches Grassroots Call to Action for Streamlined PPP Forgiveness
• NYBA Expresses Concerns about Commercial Mortgage Forbearance Legislation
• Troubled Debt Restructuring Designations
• Fees Paid to Agents Preparing PPP Loan Applications
• Electronic Signature Modernization Act
   

The Banking Industry's Covid Response

See What Our Member Banks Have Done to Help