A new program to provide financial assistance to small businesses and commercial landlords impacted by the COVID-19 pandemic has been extended through March 22.
The program provides grants to building owners to cover outstanding lease payments from small business tenants that are behind on rent due to COVID-19. The grants can go 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 Feb. 28, 2021.
Click here for more information and to apply. The application will be available in multiple languages.
For more information, call the Umatilla Electric Cooperative Business Resource Center at (541) 289-3000 or email uecbrc@gmail.com.
