New Business Relief Grant Program Starts Today in Oregon

The Oregon Legislative Emergency Board has allocated 100 million dollars to a new grant program called the Operational Cost Assistance Grant Program. The program was set up to "provide commercial rent relief assistance and operational costs assistance to small businesses and landlords adversely affected by economic conditions as a direct result of the COVID-19 pandemic." The Operational Cost Assistance Grant program is designed for businesses with 100 or fewer employees that offer the consumption of food and or drink on-premise; provide specified indoor physical exercise, recreational or family entertainment; OR provide specified personal services; and that experienced financial hardship due to the COVID-19 pandemic in Oregon. Here's more from the grant information page: "Businesses that received assistance grants through the state of Oregon Commercial Rent Relief Program for the same location are eligible to receive the grant, as long as the award amount through the Commercial Rent Relief Program was less than $100,000. Applications for the Operational Cost Assistance Grant will be accepted beginning May 26 and awards will be selected after a random lottery process of all complete and eligible applications received. For more information and to apply: https://www.oregon4biz.com/Coronavirus-Information/OCAG/