Applications for the Commercial Landlord Hardship Fund will be closing shortly on Saturday 31 October.
The fund provides grants of up to $3000 to small, private landlords who may not have the capacity to provide rent reductions to their tenants under the requirements of the Commercial Tenancy Relief Scheme.
Each grant amount is equal to the amount of the rent waiver provided to the tenant up to a maximum of up to $3000. A rent waiver is where the rent owed for an agreed period of time is never repaid.
Additional information for business
The Victorian Government is offering a range of other support for businesses including landlords and tenants who have been impacted by coronavirus (COVID-19), details of which are available on Business Victoria‘s business support page.
Information on additional land tax relief for landlords can be found at the State Revenue Office Land Tax Relief page.