{"id":217,"date":"2020-07-23T15:00:15","date_gmt":"2020-07-23T19:00:15","guid":{"rendered":"http:\/\/blogs.duanemorris.com\/projectdevelopmentinfrastructurep3\/?p=217"},"modified":"2020-07-23T17:56:12","modified_gmt":"2020-07-23T21:56:12","slug":"covid-19-nj-governor-murphy-announces-small-tenant-relief-program-6m-available-on-8-10-20","status":"publish","type":"post","link":"https:\/\/blogs.duanemorris.com\/projectdevelopmentinfrastructurep3\/2020\/07\/23\/covid-19-nj-governor-murphy-announces-small-tenant-relief-program-6m-available-on-8-10-20\/","title":{"rendered":"COVID-19: NJ Governor Murphy Announces Small Tenant Relief Program – $6M available on 8-10-20"},"content":{"rendered":"\r\n

Earlier today, on 7-23-20, Governor Murphy announced a new relief program for small businesses impacted by the COVID-19 pandemic. The Small Business Lease – Emergency Assistance Grant Program (SBL-EAGP)<\/strong> will allow businesses in 64 eligible municipalities to apply for grants of up to $10,000 for lease costs<\/strong>. The program will assist small business owners impacted by the COVID-19 pandemic, which also assists landlords, many of whom are also small businesses.

\u201cWe are committed to helping small businesses across our state survive this unprecedented crisis,\u201d said Governor Murphy. \u201cA stronger and fairer New Jersey starts from the bottom up. The Small Business Lease – Emergency Assistance Grant Program will infuse much needed funding into local economies by assisting both small businesses and the landlords that they rent from.\u201d

\u201cThe Small Business Lease Emergency Grant Assistance Program is directly geared toward keeping the mom-and-pop shops on main streets and business centers afloat in this time of need, specifically in our most vulnerable communities in New Jersey,\u201d said Lt. Governor Sheila Oliver, who serves as Commissioner of the Department of Community Affairs and Board Chair of the New Jersey Redevelopment Authority. \u201cGovernor Murphy and I remain as committed as ever to supporting New Jersey\u2019s small businesses and this new lease program will work hand-in-hand with other state assistance programs to help them emerge from this crisis stronger.\u201d

The SBL-EAGP, managed by the New Jersey Redevelopment Authority (NJRA), is the first component of a broader Main Street Commercial Corridors Relief Package to be paid for with federal CARES Act funding. Through the SBL-EAGP, small businesses located in NJRA\u2019s 64 eligible municipalities that have been adversely impacted by COVID-19 will be able to apply for up to $10,000 to assist with lease payments. It will provide grants to:

-Tenants leasing commercial space in mixed-use buildings;
-Tenants leasing space in commercial buildings; and
-Tenants leasing space to operate a storefront business.

The program will be targeted to businesses with 5,000 square feet of leased space or less<\/strong>, and is requiring standard debarment and legal qualifications from applying businesses.<\/p>\r\n

Attached is a list of the 64 municipalities that qualify for the program http:\/\/www.njra.com\/maps<\/a>

Applications will open August 10, 2020, online, and funds will be distributed on a first come first served basis. $6 million in federal CARES Act funding will be allocated for this program.

The application Portal opens August 10, 2020 at 9am.<\/strong><\/p>\r\n

Duane Morris<\/strong> has created a COVID-19 Strategy Team to help organizations plan, respond to and address this fast-moving situation. Contact your Duane Morris attorney for more information. Prior Alerts on the topic are available on the team\u2019s webpage.

For Further Information:

If you have any questions about this post, please contact Brad A. Molotsky, Elizabeth Mincer<\/strong> or the attorney in the firm with whom you are regularly in contact.

Be well and stay safe!<\/p>\r\n","protected":false},"excerpt":{"rendered":"

Earlier today, on 7-23-20, Governor Murphy announced a new relief program for small businesses impacted by the COVID-19 pandemic. The Small Business Lease – Emergency Assistance Grant Program (SBL-EAGP) will allow businesses in 64 eligible municipalities to apply for grants of up to $10,000 for lease costs. The program will assist small business owners impacted … <\/p>\n

Continue reading “COVID-19: NJ Governor Murphy Announces Small Tenant Relief Program – $6M available on 8-10-20”<\/span><\/a><\/p>\n","protected":false},"author":285,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[375,374,376,377,37,164,111,373],"ppma_author":[520],"class_list":["post-217","post","type-post","status-publish","format-standard","hentry","category-general","tag-375","tag-6m","tag-000-rent-relief","tag-64-municipalities","tag-brad-a-molotsky","tag-elizabeth-mincer","tag-nj","tag-small-tenant-relief"],"authors":[{"term_id":520,"user_id":285,"is_guest":0,"slug":"bamolotsky","display_name":"Brad A. Molotsky","avatar_url":"https:\/\/blogs.duanemorris.com\/projectdevelopmentinfrastructurep3\/wp-content\/uploads\/sites\/37\/2018\/05\/molotskybrad-125x150.jpg","author_category":"","last_name":"Molotsky","first_name":"Brad A.","job_title":"","user_url":"https:\/\/www.duanemorris.com\/attorneys\/bradamolotsky.html","description":"Read Brad's bio.<\/a>"}],"_links":{"self":[{"href":"https:\/\/blogs.duanemorris.com\/projectdevelopmentinfrastructurep3\/wp-json\/wp\/v2\/posts\/217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.duanemorris.com\/projectdevelopmentinfrastructurep3\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.duanemorris.com\/projectdevelopmentinfrastructurep3\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/projectdevelopmentinfrastructurep3\/wp-json\/wp\/v2\/users\/285"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/projectdevelopmentinfrastructurep3\/wp-json\/wp\/v2\/comments?post=217"}],"version-history":[{"count":0,"href":"https:\/\/blogs.duanemorris.com\/projectdevelopmentinfrastructurep3\/wp-json\/wp\/v2\/posts\/217\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.duanemorris.com\/projectdevelopmentinfrastructurep3\/wp-json\/wp\/v2\/media?parent=217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/projectdevelopmentinfrastructurep3\/wp-json\/wp\/v2\/categories?post=217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/projectdevelopmentinfrastructurep3\/wp-json\/wp\/v2\/tags?post=217"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/projectdevelopmentinfrastructurep3\/wp-json\/wp\/v2\/ppma_author?post=217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}