Legacy Business Program:            Business Stabilization Grant Application

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Use this form if you provided a San Francisco Legacy Business with a new long-term lease of 10 or more years or extended an existing lease with a Legacy Business to 10 or more years.

Legacy Business Basics



e.g. 300 Market St.
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Confirming Eligibility                       


NOTE - Applicant must certify that it is a Qualified Landlord to a Registered Legacy Business as defined in Administrative Code Section 2A.242(b)

NOTE - Applicant must certify that on or after January 1, 2016, Applicant entered into an agreement with the Legacy Business in which Applicant leases real property in San Francisco to the Legacy Business for a term of at least 10 years or extended the term of the Legacy Business' existing lease to at least 10 years.

 

A “10-year lease” is defined as a lease for a full 10 years, or a lease with renewal option(s) that add up to 10 years (e.g., a five-year lease with a five-year option to renew). For a lease with renewal option(s), any number of years for which the Legacy Business has an option to renew the lease shall count towards the term of the lease, provided that the option to renew can be exercised at the Legacy Business’ sole discretion.

NOTE - Applicant may not be a department, agency, commission, or other entity within the City and County of San Francisco (including, but not limited to, the Real Estate Division, the Port of San Francisco or the San Francisco Municipal Transportation Agency).

 

Applicant may not be any other local, state, or federal government; any entity within any other local, state, or federal government; or any special district created by state law (including, but not limited to, the Bay Area Rapid Transit District).

NOTE - Applicant must not be related by ownership, either directly or indirectly, to the Legacy Business to which Applicant leases the property. Applicant is related by ownership to the Legacy Business if any of the following criteria are satisfied:

 

A) Applicant holds any ownership interest in the Legacy Business; or

B) The Legacy Business holds any ownership interest in Applicant; or

C) A third-party entity holds an ownership interest in both the Legacy Business and Applicant; or

D) Applicant holds any beneficial interest in any entity (including, but not limited to, a beneficial interest in a trust) that holds an ownership interest in the Legacy Business; or

E) The Legacy Business holds any beneficial interest in any entity (including, but not limited to, a beneficial interest in a trust) that holds an ownership interest in Applicant

F) Applicant, or any person who holds an ownership or beneficial interest in Applicant, must not be in an immediate family relationship with any person who holds an ownership or beneficial interest in the Legacy Business. The phrase “immediate family relationship” includes the relationships between spouses, domestic partners, parents or guardians and children (including step-parents and step-children, or adoptive parents and adoptive children), grandparents and grandchildren, siblings (including step-siblings or adoptive siblings), aunts or uncles and nieces or nephews, great-aunts or great-uncles and grand-nieces or grand-nephews, and first or second cousins. The phrase also includes the relationship with the parent, grandparent, or sibling of one’s spouse or domestic partner, or the spouse or domestic partner of one’s child, grandchild, or sibling.

NOTE - Applicant may not have entered into a lease agreement with a Legacy Business that had previously owned the real property that is the subject of that lease agreement (e.g., leaseback arrangement).

You are not eligible for the Business Stabilization Grant.  If you have questions, please contact legacybusiness@sfgov.org

Property Owner Information


You may leave this blank if the property is owned by a business

You may leave this blank if the property is owned by a business

You may leave this blank if the property is owned by an individual(s)
Address




e.g. ##### or #####-####

e.g. ###-###-####


A current San Francisco business registration is required for this grant. Find your BAN on the Business Registration Certificate from the Treasurer & Tax Collector, or search for it here:



Applicant Contact Information

Please fill out contact information about the person who is completing this form.




e.g. ###-###-####

Lease Details

Lease Type





If you've had numerous lease extensions, please list the most recent


The “square footage of the leased space” is the total square footage of the improvements in San Francisco leased to the Legacy Business from which the Legacy Business operates its business. The Applicant (property owner) can certify the square footage by providing in the lease a specific section(s) that separately denotes the square footage of the “improvements area” and “common area” of the leased space, or in an addendum signed by both the Applicant and Legacy Business.

Grant Details

The grant allocation is based on $4.50 per square foot, up to a maximum of 5,000 square feet, per location of the improvements area leased to the Legacy Business from which the Legacy Business operates its business in San Francisco, except that the total grants paid to all Qualified Landlords in a fiscal year shall not exceed the appropriations into the Legacy Business Assistance Program Fund. The grant is an annual grant with a maximum grant amount of $22,500 ($4.50/sq. ft. x 5,000 sq. ft.)

You are required to share at least 50% of the grant with the Legacy Business


Legal Terms (* all required)