On November 1, 2020 the CECRA website was updated to provide some wrap-up comments. It noted the following:
“The financial assistance provided by CECRA for small businesses is forgivable as of December 31, 2020. This is if, as of that date, your participation has been and remains in compliance with all program requirements. No notification of forgiveness will be provided.
Over the coming months and in 2021 we will be reaching out to both small business tenants and property owners to conduct a quality review of the program to ensure compliance with program requirements. Should non-compliance be found to have occurred with respect to an application, repayment of the financial assistance may be required. Notices of repayment will only be sent to participants in the event of non-compliance.”