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Miller Encourages Landlords To Apply for Rent Assistance Program
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Miller Encourages Landlords To Apply for Rent Assistance Program

Posted: 2020-05-26 13:52:42 By: thebay

Norm Miller, MPP for Parry Sound-Muskoka, is encouraging landlords to apply for the Ontario-Canada Emergency Commercial Rent Assistance Program in order to help their small business tenants survive COVID-19.

Miller says he has heard from a number of businesses that are worried they won’t survive this pandemic without some rent relief. “I know some landlords have already reduced rent or made other arrangements with their tenants and I thank them for that. I hope with the launch of this program more landlords will do their part to help their tenants and our communities,” he said.

The loans will cover 50% of the monthly gross rent owed by impacted small business tenants during April, May and June 2020 and will be applied retroactively. The tenant will be asked to pay no more than 25% of their gross monthly rent and the property owner will be responsible for 25%. 

The program must be accessed by landlords by visiting the Canada Mortgage and Housing Corporation website:

www.cmhc-schl.gc.ca/en/finance-and-investing/covid19-cecra-small-business.


Day:Monday-datenum:1-CurrentDate:2020-07-13-Weekit:a