Operational Cost Assistance Grant Program
The Oregon Legislative Emergency Board on January 8, 2021, allocated $100 million 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. Following two rounds of distribution of Commercial Rent Relief assistance grants, approximately $28 million ($8M of federal CARES Act and $20M of state General Funds) remains to be distributed through the Operational Cost Assistance Grant.
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.
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. Check this page for details or sign up to be notified for COVID-19 news.
To apply, click here: https://www.oregon4biz.com/Coronavirus-Information/OCAG/
