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Supervisors advance commercial rent‑relief fund after extensive small‑business testimony

San Francisco Board of Supervisors Budget and Finance Committee · September 15, 2021
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Budget & Finance Committee on Sept. 15 advanced legislation to create a commercial rent‑relief grant fund aimed at helping small businesses negotiate back rent and avoid evictions when the moratorium ends Sept. 30; the committee forwarded the ordinance to the full Board with a positive recommendation after more than 40 callers urged relief.

Chair Matt Haney and Supervisor Asha Safaei pressed the Budget & Finance Committee on Sept. 15 to move legislation creating a commercial rent‑relief grant program to the full Board with a positive recommendation.

The ordinance would establish a framework for a grant program aimed at negotiating back rent between landlords and small businesses, pay unpaid rent directly, and pay third‑party negotiators. Safaei told the committee the city should seed the program with $25 million and offer grants and forgiveness options, with individual grants in the proposed range of $25,000…

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