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New Bill Would Give Rent Relief to Hawaiʻi Retailers

(AP) — While some Hawaiʻi retail shops move online to avoid the closures that have hit many businesses in the sector since the outbreak of the coronavirus pandemic, others are hoping for a rent relief lifeline from the government. The Honolulu Star-Advertiser reports that more than half of the state’s retailers expect to miss at least one full rent payment between now and June. A bill in the Hawaiʻi House would establish a commercial rent relief grant program administered by the state. The bill proposes grants of no more than 3% of taxable revenue or three months of full rent for commercial landowners.

 

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