Governor Phil Murphy and Lt. Governor Sheila Oliver recently announced $5 million in funding for Phase 2 of the New Jersey Redevelopment Authority (NJRA) Small Business Lease Emergency Assistance Grant Program. This commercial rent relief program provides grants up to $10,000 for COVID-impacted small businesses and nonprofits located in NJRA’s 66 legislatively designated communities. The NJRA designated communities are listed here: https://www.njra.us/media/SBLEAGP/Eligible%20Municipalities.pdf. Applications for this program open Monday, February 22nd, at 9:00 a.m. at https://www.njra.us/ and are on a first-come-first-served basis. Eligible applicants include small businesses leasing commercial space in mixed-use buildings, small businesses leasing space in commercial buildings, small businesses leasing space to operate a storefront business, and small businesses occupying no more than 5,000 square feet of space.
Whatever questions you may have regarding the NJRA Small Business Lease Emergency Assistance Grant Program or any other matter that you believe impacts you or your business, our attorneys are ready to guide you and may be reached at 201.487.3800.