Jericho, N.Y. — Kimco Realty has been testing a Tenant Assistance Program (TAP), a complimentary service to assist tenants in identifying applying for federal and state loans in the midst of the worldwide coronavirus (COVID-19) outbreak. Kimco and its subsidiaries are teaming with law firms. The Jericho-based company says these services have been rolled out in California and Florida, with plans to expand to other states in the coming days.
“We are fully committed to the long-term success of our tenants, and we understand that immediate access to capital may be critical in keeping their businesses afloat over the coming months,” says Conor Flynn, CEO at Kimco.
As of Dec. 31, 2019, Kimco owned interests in 409 shopping centers and mixed-use developments in the U.S.
As of this writing, there were 386,800 confirmed cases of coronavirus in the U.S., according to Johns Hopkins University (JHU).