The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
Build Your Legacy with HFO.
Monday, March 30, 2020
Portland Sets April 1st Deadline for Small Businesses to Apply for Aid
The Portland City Council passed a $2 million grant package last week that is expected to support up to 150 local businesses that have been impacted by the COVID-19 pandemic. Businesses with fewer than 50 employees that make less than $2 million in annual gross revenue and have seen at least a 25% decline in revenue since February 1st are eligible for the funding. Businesses can expect between $2,000 and $10,000 in grant money if they are chosen, and funds will be dispersed starting Friday, April 10th. Applications are due by 11:59 PM on April 1st. Read more.