Specifications include, but are not limited to: 1. The Applicant (Landlord or Tenant) is extending an existing lease or executing a new lease within the City of West Haven. 2. Lease commencement required 03/03/21 through 05/11/23. Applicants with leases commencing outside of this eligibility period will not be considered. 3. Leases executed must have a minimum of a 3-year term. Note: For leases with provisions to renew annually (or other term) for “x” years; the provisional renewal years do not count towards the leaseterm. 4. The Applicant (Landlord or Tenant) must stay in business for a prescribed term, which shall be established as part of the grant agreement. 5. The Applicant (Landlord or Tenant) is required to submit a copy of an executed lease signed by property owner and tenant including details and key obligations of lease agreement with their application. 6. The Applicant (Landlord or Tenant) must have existed in January 2019 and is presently operational. 7. The Applicant (Landlord or Tenant) must have a minimum of 5 employees, and a maximum of 500 employees (defined as full-time W-2 employees). 8. The Applicant (Landlord or Tenant) must demonstrate having experienced a negative economic impact resulting from the pandemic. 9. The Applicant (Landlord or Tenant) must demonstrate how the funds will be used to offset the negative economic impact resulting from the pandemic and assist in sustaining the business.
