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SALEM â Hundreds of commercial landlords and tenants who applied for state funding to cover unpaid rent went away empty-handed last month â a disappointment worth approximately $15.5 million. Oregon s Commercial Rent Relief program is set to hand out $49.9 million to property owners after the first round of grant funding closed on March 22. Applications outpaced cash, with the requests totaling $65.4 million. The results aren t unexpected: Oregon hasn t had a commercial eviction moratorium in place since the end of September 2020, and business owners in arrears had until March 31 to make up the back rent. But state data released to Pamplin Media Group shows those applicants with empty pockets â more than 350 business owners in total â are all located in the Portland metro area. ....
Applicants outpace Oregon commercial rent relief by $15M April 07 2021 Business Oregon, the state agency administering the fund, says 2,600 applicants were accepted during first round of grant funding. Hundreds of commercial landlords and tenants who applied for state funding to cover unpaid rent went away empty handed last month a disappointment worth approximately $15.5 million. Oregon s Commercial Rent Relief program is set to hand out $49.9 million to property owners after the first round of grant funding closed on March 22. Applications outpaced cash, with the requests totaling $65.4 million. The results aren t unexpected: Oregon hasn t had a commercial eviction moratorium in place since the end of September, 2020, and business owners in arrears had until March 31 to make up the back rent. ....
Applicants outpace Oregon commercial rent relief by $15M gazettetimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gazettetimes.com Daily Mail and Mail on Sunday newspapers.
Oregon approves grants to cover missed rent for more than 2,600 businesses lagrandeobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lagrandeobserver.com Daily Mail and Mail on Sunday newspapers.
Oregon approves grants to cover missed rent for more than 2,600 businesses mailtribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mailtribune.com Daily Mail and Mail on Sunday newspapers.