City Offers Rent Relief Program for Commercial Tenants
June 25, 2020 – A rent relief program for commercial tenants that lease from the City was approved by City Council on Monday night.
This new program will be applicable to the City’s commercial tenants with a 50% drop in revenue during the months of April, May and June of 2020. The program enables the City to waive 25% of rent during the period of April, May and June. Tenants will pay 25% of rent during this period, and the remaining 50% will be amortized over future years.
To apply for the program, and for more information, visit: www.thunderbay.ca/RentRelief