Dec. 2, 2020
The Governor’s Office of Economic Development’s COVID-19 grant programs are now closed and, at this time, are not approved for additional funding.
We have emailed all applicants with final approval or denial information. Please check your spam and junk folders if you’re still looking for our notification.
Please keep checking our coronavirus webpage for additional updates.
The COVID-19 Commercial Rental Assistance Program was created on April 30, 2020, when Gov. Herbert signed S.B. 3006 and has been modified during both the 4th (SB5005) and 5th special sessions (SB6009).
Known as ComRent, it provides rental relief to Utah small businesses that have lost revenue due to measures taken during the pandemic to minimize the public’s exposure to COVID-19. The program now provides up to $5,000 per month, per location and up to three months of assistance.
Since ComRent’s inception, GOED has awarded $20 million.
To view ComRent frequently asked questions and answers, click here.
To be eligible for the Commercial Rental Assistance Program, applicants must:
Our system will not validate an application if the captcha was not correctly validated, which we have noticed an error with some web browsers. We advise clearing your cache and your cookies, and updating your web browser. Google Chrome is recommended in this instance. We also advise against using a mobile device.
No. The question regarding the Utah Government Records Access Management Act (GRAMA) relates to your documents submitted in the application process. If you claim business confidentiality your financial documents submitted in the application will be prohibited from release in the event of a record request relating to your application. Claiming business confidentiality will not negatively affect your application.
An applicant who meets eligibility requirements will receive between 50% and 100% of up to three months of its business lease or mortgage amount with no more than $5,000 per month for anyone location. The percentage will be based on a formula that takes into account the company’s loss of gross revenue.
Grant amounts will be 1) 100% of monthly rent or mortgage with a monthly gross revenue loss of 45% or more, or 2) 50% of monthly rent or mortgage with a monthly gross revenue loss between 30% and 44%.
To protect the security of your business and its financial documents, we ask you to only upload your documents to the secure application (login credentials from the Bridge Loan are the same for the Commercial Rental Assistance Program). You can access the application after our team has verified your business and sent you login credentials. If you did not submit all the required documentation your application may be considered incomplete and therefore ineligible. Please verify that all documents are current prior to submitting your application.
Your business Entity Number is the number you receive when you are registered with the state. You can verify your information by looking up your business here. Providing the correct entity ID and correct business addresses will help our team verify your business much faster.
We have a small team of people working as diligently as they can to verify your eligibility. Once eligibility has been determined, award and denial email will go out. More information on the timelines will be available after we’ve been able to assess the volume of applications.
You will receive a case number from a “no-reply” email. If you do not receive a case number via email, you have likely not submitted for eligibility to our system. Please try again. If you have login credentials from the Bridge Loan program, please use this application link and the same login credentials for your Commercial Rental Assistance Program application.
No. This program is for the master tenant, not sub-tenants.
To measure monthly gross revenue loss we will compare the business’s gross revenue for any four week period after March 1, 2020, as designated by the business, to the business’s gross revenue for a 4 week period within 12 months of the application date designated by the business.
The intent of the program is to provide rent relief to businesses that lost revenue as a result of measures taken to minimize the public’s exposure to COVID-19. The money granted should be used to pay rent.
Yes, but no more than $5,000 per month for any one location.
Yes. If you applied for a bridge loan in March or April, please use this application link and the same access credentials for your Commercial Rental Assistance Program application.
Yes. The program now includes both mortgages and lessees for commercial property.
The preferred file types are .pdf but formats ending in .doc, .jpeg, .xls, and .csv are all acceptable. We cannot accept specialized formats such as “.pages”. Also, please verify that your documents are not password protected.
Hear from Kori Ann Edwards and Dane Ishihara as they discuss the COVID-19 Commercial Rental Assistance Program.