City of Lakewood – Lakewood OH Economic Developemnt Fund
Agency / Department: City of Lakewood
Resource: Lakewood OH Economic Developemnt Fund
Details: The city of Lakewood has announced the creation of a small business rent relief fund to “support the vibrancy of Lakewood’s commercial corridors” during the crisis.
“In addition to the federal and state programs available to support small businesses, this program aligns with the City’s Community Vision in its goal to strengthen economic development efforts to increase commercial occupancy,” said a statement announcing the fund.
Supported by the City’s Economic Development Fund and federal Community Development Block Grant (CDBG) funds, businesses can apply for grants of up to $3,000 to cover rent payments for one month.