Long Beach Offering Commercial Rent Assistance – NBC Los Angeles

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Lengthy Seaside SMBs can now apply for industrial property letting help via town’s Business Lease Help Program.

In line with an announcement from Lengthy Seaside Metropolis, this system is designed to assist companies “misplaced their revenue because of COVID-19, in addition to state and native well being rules which have restricted operations.”

The appliance interval for this system begins on Friday, June eleventh at 12 midday and ends on Thursday, July twenty second at 5 pm. Potential candidates who’re , web site for selling industrial rental After checking your admission necessities, please submit your utility and all required paperwork.

To qualify, the corporate should do the next:

  • Develop into a for-profit firm with Lengthy Seaside as your small business.
  • I’ve a Lengthy Seaside enterprise license.
  • There are fewer than 50 full-time staff.
  • I’ve had monetary difficulties because of the COVID-19 pandemic, state and native well being rules.
  • You presently have a bodily location with an energetic industrial lease.
  • I am within the Group Growth Block Grant (CDBG).
  • Observe the native well being rules.
  • It is not fully closed.

Candidates should submit the next paperwork on the time of utility.

  • Present industrial lease / rental settlement.
  • Contact particulars of the owner.
  • W-9; Utility for tax quantity and certificates.
  • A replica of your picture ID.

If a grant is authorized to the corporate, the cost is made on to the tenant of the industrial area to assist pay the lease.

The worth doesn’t embody property tax or utility payments. This solely consists of “rental prices and prices to be paid within the context of a industrial tenancy”.

This system totals roughly $ 1.5 million and has a complete of $ 4,000 in grants. Funding comes from the third spherical of emergency grants from the Federal Coronavirus Help, Aid and Financial Safety (CARES) Act Group Growth Block Grant Coronavirus (CDBG CV-3) allocation.

Free utility assist can be obtainable to companies within the Lengthy Seaside Metropolis BizCare popup. This pop-up will work within the subsequent place and the subsequent time.

  • Monday, 8 a.m. to 4 p.m., Admiral Child Park, 2125 Santa Fairvenue.
  • Tuesday, 8 a.m. – 4 p.m., Admiral Child Park. 9 a.m. – 4 p.m., Michelle Obama Neighborhood Library, 5870 Atlantic Avenue.
  • Wednesday, 9 a.m. – 4 p.m., Michelle Obama Neighborhood Library and Mark Twain Neighborhood Library, 1401E. Anaheim Road
  • Thursday, 9 a.m. – 4 p.m., Mark Twain Neighborhood Library

“SMEs are nonetheless recovering from the pandemic and plenty of want extra assistance on their solution to restoration,” stated Mayor Robert Garcia. “This program helps fill the lease for a lot of of our mothers and pop firms.”

small enterprise house owners can apply for a grant right here.

Lengthy Seaside Gives Business Lease Help – NBC Los Angeles Supply hyperlink Lengthy Seaside Gives Business Lease Help – NBC Los Angeles