I wanted to tell you about an amazing new subsidy available for all San Francisco employers. It provides SF employers with a 100% subsidy for wages paid to qualified employees. This means that the employer receives reimbursement for 100% of the wages (excluding payroll taxes) paid to qualified employees. To qualify, an employee must be a SF resident with a minor child and a family income of less than 200% of the federal poverty level in the last 30 days(typically $3,000 per month for a family of 3). Someone who lost their job more than a month ago is eligible as is anyone who is currently employed but working less than 25 hours per week.

This credit is only available until September 30, 2010 so don’t wait if you think you have qualified employees. Click here to download the letter we received from the Mayor’s office and a link to the SF Human Services Agency website for an Employer Application http://www.sfhsa.org/1410.htm.