*Now Open* Small Business Commercial Rent Relief Grant Application

Applications Open for Two Weeks

Applications opened Monday, March 8 for two weeks to assist small businesses behind on lease payments.

The Oregon Legislative Emergency Board allocated $100 million to Business Oregon for a new program to provide financial assistance to small businesses and commercial landlords impacted by the economic hardships caused by the pandemic.

This program provides grants to building owners to cover outstanding lease payments from small business tenants (with 100 or fewer employees) who are behind on rent due to COVID-19.

The grants are up to $100,000 per each business tenant lease, but not more than $3 million for each landlord. The landlord must agree not to evict the tenant for six months and waive any rights to collect outstanding penalties or interest, or enforce eviction clauses related to the delinquent lease payments between March 1, 2020 and February 28, 2021.

Both the business tenant and property owner will need to participate in the application process and sign the grant agreement.

The application period will be open for two weeks, with eligible submissions chosen by a lottery system that will also ensure geographic distribution across all regions of the state.

Get More Information Here & Apply Starting March 8

(available in multiple languages)