COVID-19 pandemicASSISTANCE in emergenciesWELL-beingMENTAL healthRENTThe federal government allocated an unprecedented level of funding to develop emergency rental assistance programs to help vulnerable low-income renter households remain housed during the COVID-19 pandemic. Using panel ...
COVID-19 is changing life as we know it – affecting the way we live, work and play. As the pandemic continues to impact commercial real estate, tenants are exploring the possibility of rent relief and deferral. When these discussions and requests arise, Cushman & Wakefield’s agency leasing...
COVID-19 UpdatesNewsBusiness and OperationsPremises Ottawa – Federal and provincial governments have agreed to extend a commercial rent relief program to help cover July costs for eligible small businesses, with a few changes. Canadian Manufacturing/The Canadian Press reports. |READ MORE ...
Eviction moratorium impact Last July, a federal moratorium on evictions expired, setting the stage for mass evictions at a time when an ultra-contagious mutation of the COVID-19 virus was spreading across the U.S. But in August, the Centers for Disease Control and Prevention issued a new...
Normally, abated rent is given at the beginning of a lease, either to offset moving costs or to help the tenant avoid paying double rent while the space is built-out. During COVID-19, it can be a potential rent relief structure to talk to your broker about. ...
The City of Lakewood announced today a new Residential Rent Relief grant program in response to the coronavirus/COVID-19 pandemic. Residents who meet the program’s eligibility requirements can find the application athttp://www.lakewoodoh.gov/residential-rent-assistance-program/. ...
Yet despite the Covid-19-related closure mandated by law, many landlords expect 100% of their lease entitlement. And it’s not just unyielding commercial landlords who will not give ground. Sometimes it’s the local borough council. As our co-founder Peter Harden notes: ...
When tenants ask forrent reliefdue to changes in employment status, there is no better way to determine the extent of their hardship than reviewing up-to-the-minute deposit history. That info will support discussing potential terms with owners, providing current data to defend any position. ...
“I have never hosted or been at an event where people found such relief. Sometimes residents even found out they were told falsely that they were going to be evicted. People were relieved to be in a setting where they could get some straight answers about their situation,” ...
Businesses struggling to pay the bills because of the COVID-19 pandemic will be able to start applying today for a long-awaited new commercial rent-relief program offered by the federal government. The new Canada Emergency Rent Subsidy replaces an earlier rent-support pr...