Commercial Rent Relief Application (Round 2) is LIVE!
Commercial Rent Relief Program
Applications are open NOW!
The Oregon Legislative Emergency Board on January 8, 2021, allocated $100 million to fund a new Commercial Rent Relief Program to provide financial assistance to small businesses and landlords adversely affected by economic conditions as a direct result of the COVID-19 pandemic.
The program targets landlords with tenant businesses with 100 or fewer employees who are behind on lease payments or any forgiven base rent amounts that have been negotiated due to COVID-19. The program will require both business tenant and property owner participation. The program includes additional protections for tenants, such as non-eviction clauses, and a waiver of penalties and interest.
The grant can be up to $100,000 per each business tenant, and not more that $3 million for each landlord. The grant amount covers only base rent that is in arrears due to COVID-19 impacts or restrictions.
Round one applications closed on March 22. Round two applications is open from April 22, 2021, to May 6, 2021.
Click here to learn more.
To begin the application, visit
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