Livermore is now accepting joint applications for its Commercial Rent Abatement Matching Grant Program from eligible commercial landlords and their small business tenants.
Businesses with gross receipts up to $10 million that have experienced losses as a result of COVID-19 are eligible to receive up to $7,500 from the city if their commercial landlords agree to waive up to $7,500 in unpaid rent during the public health emergency providing a net benefit for eligible businesses of up to $15,000.
The city has appropriated $409,000 for the program, which is available on a first-come first-served basis.
For more information and a copy of the joint application, go to www.cityoflivermore.net/citygov/ed.
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Uploaded: Thu, Mar 4, 2021, 2:36 pm
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Business rent help
Livermore city officials are accepting joint applications from eligible commercial landlords and their small business tenants or lessees as part of the city s Commercial Rent Abatement Matching Grant Program.
Open to businesses with gross receipts of no more than $10 million that have experienced financial loss due to the pandemic, the program provides up to $7,500 in matching funds when a commercial landlord has or will permanently waive unpaid rent during the COVID-19 public health emergency.