Join Pam Rushton this morning at 8am to hear about Residential and Commercial Property Valuations & Other News

Clallam County Residential and Commercial Values Continue to Soar:
The pandemic has not dried up Clallam County’s red-hot real estate market.
Pam Rushton, The Clallam County Assessor, will discuss how much residential properties overall increased in 2020 in different areas of the County. She will also discuss how will the increased prices affect affordability and your property taxes.

Please join us Wednesday morning:
https://us02web.zoom.us/j/89474510306?pwd=VlIrRHh5RG1nYVh3V3JXRzFSMmRodz09
Meeting ID: 894 7451 0306Passcode: 187447One tap mobile+12532158782,,89474510306#,,,,*187447# US (Tacoma)
Dial by your location    +1 253 215 8782 US (Tacoma)Meeting ID: 894 7451 0306Passcode: 187447

Future Guests on Coffee with ColleenOct 13 – Pam Rushton, County Assessor
Deadlines Approaching…
Employee Retention Tax Credit – Get paid back for keeping employees on payroll:
If your business:• Was at least partly closed due to a government order OR the business’s revenue declined by 20% or more for any quarter this year; AND• You kept employees on the payroll:
You may be eligible for 2021 employee retention tax credits of up to $28,000 per employee. And the longer you keep your employees on payroll, the more money you are eligible to receive.
The deadline is Dec 31st.Click HERE for more details.Contact us at info@clallam.org if you’d like personal assistance.
You Can Still Apply for Future Rounds of Lifeboat3 Grants – Next Round of Review is in Nov:$5-$20K in grants funded through Clallam County.The Grant Selection Committee is reviewing the applications submitted thus far. If a business is not selected for funding in this round, they will be still be considered for future rounds.We anticipate we will notify applicants of the Grant Selection Committee first round decisions within the next two weeks.The EDC and it’s partners are actively reaching out to businesses that likely qualify but have not yet applied.Click HERE to apply for the second round.
Opting out of Long Term Care Insurance Requirements:
Next year the Washington Cares Act goes into effect. Every person that receives a W-2 will be required to pay into the state program which provides limited coverage and can not be used out of the state.
Individuals can obtain their own Long Care Term Care Insurance but they must have it in place by Oct 31, 2021. We know of two companies still offering LTC insurance but both have restrictions.
Read more Here.
EVENTS…
North Olympic Entrepreneur Showcase – Connecting entrepreneurs and local investors:
Our local Center for Inclusive Entrepreneurship (CIE) team is excited to co-sponsor the first-ever North Olympic Entrepreneur Showcase October 23, 2021, at 7 Cedars Hotel & Casino.
Do you want to support local entrepreneurs and help build a more vibrant economy on the North Olympic Peninsula? Join local investors, mentors and emerging entrepreneurs for this free showcase of new local businesses.
Meet our newest entrepreneurs: visit at their booth, enjoy their main-stage presentations, and connect at the complimentary happy hour. Anyone in Clallam and Jefferson County is invited to attend.
Please register in advance below.
This is a great opportunity to meet local investors and mentor and seek support for launching or growing your business.
There are two ways to participate:Share your product or service at a tabletop booth in the exhibition hall (12 spaces)Present your business case on the main stage (8 spaces)
Main stage presenters must participate in our practice pitch clinics and have their presentation approved. Join other startups participating in the North Olympic Entrepreneur Showcase Event and learn from our business advisors how to put together a presentation. CIE will provide coaching and feedback to help you refine your business case and make your pitch compelling.
Pitch clinic schedule:September 23 – Pitch practice and feedback, workshop with coaches. (Zoom)October 7 – Business Impact NW Pitch Competition watch party and discussion. (Zoom)October 14 – Pitch practice and feedback, workshop with coaches. (In-person if Covid allows)
To participate in the workshops, register below.
Register
GRANTS…
Border Business Relief Program – a Working Washington Grant – Application window open now until Oct 18:
Grants to eligible businesses will be up to $50,000. Award amounts will vary and will take into account previous Working Washington awards received from Commerce or affiliated partners.
Here’s what’s needed to qualify:
You must have an active business, physically located in Clallam County, with reported annual gross receipts to Dept. of Revenue of $5 Million or less;
Documented reduction in business income or activity related to COVID-19 or as a result of state or local COVID-19 related public health measures;
and Adherence to all required COVID-19 public health measures. Eligible applications will be reviewed based on the following priority criteria:
Customer-facing businesses that require direct, in-person interaction with customers for a significant portion of business activity (Examples include a retail shop or nail salon)
Businesses located within a 20-mile radius of the port in Clallam County.
Industry sectors most impacted by the closure, which includes but is not limited to, retail, tourism, hospitality, recreation and entertainment.
Size of the business (measured by 2019 revenue).
Lost revenue between 2019 and 2020 and/or added expenses to maintain safe operations.
Businesses operating in a rural or low-income community and/or owned by someone from a historically underserved population (minority, veteran, LGBTQ+ or women-owned).
Applications and instructions in Spanish are available. Click to Apply
$500 Million Available to Rural ProvidersThe US Department of Agriculture (USDA) published a Notice on August 12, 2021 announcing $500 million in new Emergency Rural Health Care Grant Program (the “Program”) funding.Eligible organizations can apply through October 12, 2021 (TODAY) for preliminary review. The USDA will accept applications on a continual basis until funds are exhausted. Applicants must contact their respective local Rural Development office. The Attorney Firm Moss Adams has great information on their website Click HERE to Learn more.
Lifeboat 3 Application Portal is Open – Next Round of Review scheduled for November.
The Clallam County Commissioners have agreed to begin the process to distribute up to $3 Million in American Rescue Plan Act funds to small businesses that have been the hardest hit and/or unable to receive federal or state funding with priority going to businesses that fall into one of the following categories:Small businesses who previously applied and qualified for Working Washington or prior CAREs-funded Lifeboat grants that did not receive funding;Nonprofits (and potentially small businesses) who provide child care services;Small businesses who qualified for 2nd PPP rounds of funding due to incurring a 25% reduction in revenues but did not receive a 2nd PPP loan;Startup small businesses who commenced operations in 2019 or 2020 in Clallam County or changed their business type in 2019 or 2020;Fishing guides that did not qualify for any state or federal assistance programs during the pandemic;Event Planners & Festival Operators that did not qualify SVOG or other state assistance programs;Restaurants who applied for a Restaurant Revitalization Fund but did not receive any funding;Businesses that transported passengers who tested positive for COVID-19 for transport to the hospital, that incurred significant unreimbursed COVID mitigation related costs); andBusinesses that can make the case that their unique situation of revenue loss (relative to other businesses in the county) warrants grant funding.
You’ll be able to find more information about the grant program at https://chooseclallamfirst.com/lifeboat-3-grant/.
Other Good Stuff…
City of Port Angeles Building Residential Capacity Land Use Code Work – Public Process Begins:
The City of Port Angeles has started the public review process for the Building Residential Capacity land use code revisions (a.k.a. Makers code work). Public comments can be received on the project: ced@cityofpa.us /Subject Line: Building Residential Capacity. The project website is a great place to learn more about this large effort and important first step of the City’s code audit work: https://www.cityofpa.us/1051/Building-Residential-Capacity
Summary of the remaining project timeline:
Wednesday, October 13th: Planning Commission Public HearingWednesday October 27th: Planning Commission Final Deliberation and Recommendation to CouncilTuesday, November 16th: City Council First Reading of OrdinanceTuesday, December 7th: City Council Second Reading and Adoption of Ordinance
Here is a link to the Draft Code Updates that were made available to the public on the City’s website last Friday: https://www.cityofpa.us/DocumentCenter/View/10761/Building-Residential-Capacity-Draft-Code-Updates—2021-09-17. As is typical with land use code revisions, this document will be updated again following the receipt of public comment, correction of errors, completion of SEPA review and drafting of Staff findings. Updated drafts will continue to be updated on the project website.
Links to Planning Commission meeting agendas can be found here: https://www.cityofpa.us/188/Planning-Commission
Please don’t hesitate to contact me directly with questions.
This chart shows why the housing market may see an end-of-September shock:
Fortune Magazine reports that “since bottoming out this spring, the number of homes for sale is up 30%. Sure, some of that can be attributed to seasonality, but the bigger reason is buyers are finally balking at insane prices—which have risen 18% over the past 12 months.
Another factor: Edgy sellers who don’t want to miss out on profits may be rushing to put their homes on the market—and may feel a bit more comfortable moving now than they did when the pandemic was raging unchecked.
But this softening isn’t over: There’s more inventory looming.
The mortgage forbearance program, which allows some borrowers to pause their payments, is set to begin winding down on Sept. 30. There are still 1.7 million borrowers enrolled in the program. Not all of these struggling borrowers are going to be able to afford those payments. Some of them will simply sell rather than restart paying. That of course, means more inventory.
Utility Late Fee/Shutoff Moratorium Expires September 30: Now What?
As Clallam County’s economy grows back to pre-pandemic levels, many people continue to struggle to pay rent and utility bills.
The utility moratorium ended last week, but help is available for people behind on power, water and telecommunications payments. Clallam PUD and our cities have payment plans available to keep service on, but folks need to call their power company, water district or internet provider to learn about their specific options.
In addition to helping with heating bills, the state’s Low Income Home Energy Assistance Program (LIHEAP) recently expanded to include options for cooling. Plan ahead for next year and learn more about eligibility and application requirements for LIHEAP benefits.
Statewide Resource – No-Cost Accountant Services:
The Seattle Metro Chamber’s REACH program and the Business Health Trust are sponsoring accounting consulting services for small businesses to help employers navigate PPP forgiveness, Employee Retention Tax Credits, the Shuttered Venue Operators Grant and financial record-keeping for the Restaurant Revitalization Fund. The CPA assistance is available to Washington businesses with 100 employees or fewer. Employers can reach out to Leigh (leighj@seattlechamber.com) to get connected with an accountant at Clark Nuber. Many thanks to the Seattle Metro Chamber for offering this amazing resource statewide!
Emergency Broadband Benefits
About the Emergency Broadband BenefitThe upcoming Emergency Broadband Benefit will provide a discount of up to $50 per month towards broadband service for eligible households and up to $75 per month for households on Tribal lands. Eligible households can also receive a one-time discount of up to $100 to purchase a laptop, desktop computer, or tablet from participating providers if they contribute $10-$50 toward the purchase price.
Who Is Eligible for the Emergency Broadband Benefit Program?A household is eligible if one member of the household meets one of the criteria below:1. Receives benefits under the free and reduced-price school lunch program or the school breakfast program, including through the USDA Community Eligibility Provision, or did so in the 2019-2020 school year;2. Received a Federal Pell Grant during the current award year;3. Experienced a substantial loss of income since February 29, 2020 and the household had a total income in 2020 below $99,000 for single filers and $198,000 for joint filers; or4. Meets the eligibility criteria for a participating providers’ existing low-income or COVID-19 program.
Download the EBB Brochure HERE.
LOW INTEREST RATE, GOVERNMENT-FUNDED BUSINESS LOANS…
Funding still available for new or increased Economic Injury Disaster Loans (EIDL):
Whether you have an existing COVID-19 Economic Injury Disaster Loan (EIDL) and want to apply for an increase; or are interested in applying for an initial COVID-19 EIDL, funding is available for loans up to $500,000. For more information on eligibility, use of proceeds, and loan terms, visit the SBA website.Details on EIDL
The new Washington State Small Business Flex Fund is OPEN

As of July 4, over 561 applications had been matched with CDFI lenders requesting $56.449 million. Of the application pool, 53% are women-owned businesses, 73% are women and minority-owned businesses and 53% are non-white business owners.
For More Information and to Apply Click Here to learn more about this crucial new resource for long-term capital for Washington’s small businesses and non-profit organizations. Many thanks to the teams at Washington Commerce and the National Development Council, among many other partners, for their leadership and persistence in making this $100M fund happen!
Read the June 30 media release about the opening of the Fund.

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