Join the Cleveland Scene Press Club. Because No News is Bad News.

Tuesday, March 24, 2020

Lakewood Launches Small Business Rent Relief Fund For Local Businesses Struggling During COVID-19

Posted By on Tue, Mar 24, 2020 at 11:59 AM

click to enlarge AERIAL AGENTS
  • Aerial Agents

As we continue through the second week of the shutdowns and economic effects of the coronavirus pandemic, the city of Lakewood has announced the creation of a small business rent relief fund to "support the vibrancy of Lakewood’s commercial corridors” during the crisis.

“In addition to the federal and state programs available to support small businesses, this program aligns with the City’s Community Vision in its goal to strengthen economic development efforts to increase commercial occupancy,” said a statement announcing the fund.



Supported by the City’s Economic Development Fund and federal Community Development Block Grant (CDBG) funds, businesses can apply for grants of up to $3,000 to cover rent payments for one month.

“The City along with our partners, LakewoodAlive and the Lakewood Chamber of Commerce, is committed to serving as a trusted resource and partner for our local business community during these challenging times,” said Mayor Meghan George in a statement. “The Small Business Rent Relief Fund is one of the steps we are taking to help ease the burden of the COVID-19 pandemic on Lakewood small businesses. Our locally owned businesses are the backbone of our community and we will continue to do all we can to support them.”

The rules for the fund state that businesses must be operating out of a commercial or retail storefront located in Lakewood, Ohio with fewer than 50 employees. Businesses must also be experiencing negative impacts from COVID-19. Home based businesses do not qualify.

Go to onelakewood.com/covid19businessresources to apply.

Tags: , , ,

We welcome readers to submit letters regarding articles and content in Cleveland Scene. Letters should be a minimum of 150 words, refer to content that has appeared on Cleveland Scene, and must include the writer's full name, address, and phone number for verification purposes. No attachments will be considered. Writers of letters selected for publication will be notified via email. Letters may be edited and shortened for space.

Email us at news@clevescene.com.

Cleveland Scene works for you, and your support is essential.

Our small but mighty local team works tirelessly to bring you high-quality, uncensored news and cultural coverage of Cleveland and beyond.

Unlike many newspapers, ours is free – and we'd like to keep it that way, because we believe, now more than ever, everyone deserves access to accurate, independent coverage of their community.

Whether it's a one-time acknowledgement of this article or an ongoing pledge, your support helps keep Cleveland's true free press free.

Read the Digital Print Issue

July 1, 2020

View more issues

Newsletters

Never miss a beat

Sign Up Now

Subscribe now to get the latest news delivered right to your inbox.

Calendar

© 2020 Cleveland Scene: 737 Bolivar Rd., Suite 4100, Cleveland, OH 44115, (216) 241-7550
Logos and trademarks on this site are property of their respective owners.


Website powered by Foundation