The COVID-19 pandemic continues to have a tremendous impact on businesses across the state of Arizona. As a result, each level of government is working to protect its entrepreneurs from losing their livelihoods. One of those protections is prohibiting the ability to evict struggling Arizona businesses during this uncertain time. What does this mean for these entrepreneurs and what can you expect from local government entities?
Agenda Discovery partners with entrepreneurs with diverse industry backgrounds to ensure they’re on top of policies that matter to them. With our legislative tracking software, any and every business owner has their finger on the pulse of local government activity. Our article below will help you understand the importance of staying on top of eviction policies to ensure you thrive for years to come.
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Executive Order Halting Evictions for Arizona Businesses and Nonprofits
In April 2020, Governor Doug Ducey issued an executive order that prohibited commercial landlords from evicting small businesses and nonprofits. It was designed to protect struggling entrepreneurs who are unable to pay their rent due to the financial hardship caused by the COVID-19 pandemic. Additionally, the order encourages landlords to defer rent payments and all fees and interest associated with late payments.
The executive order helped relieve some of the stress businesses faced during the pandemic. It allowed them to prioritize the safety of their customers and continue paying their workforce without having to worry as much about making on-time rent payments. While this has undoubtedly helped Arizona businesses, it has made an impact on their commercial landlords.
Commercial Landlords Are Struggling
As a result of Governor Ducey and President Biden’s executive order, commercial landlords are put between a rock and a hard place. While the orders have helped countless Arizona businesses from eviction through flexible rent payment, it’s created a lot of uncertainty for their landlords.
KVOA NBC 4 Tucson reported that many landlords are struggling to meet their mortgage payments due to tenants not paying their rent. According to one landlord, because many of their tenants are behind on their rent payments, they must use their own savings to pay for property taxes and their mortgage.
Local Government is Rallying Behind Arizona Businesses
To counteract the impact COVID-19 has caused on small businesses, local government municipalities have launched programs to assist them during their struggle. Programs such as the #GilbertTogether Business Relief Grant and LHC Resource Alliance Cares Grant assist businesses to continue their operations. Entrepreneurs can use these funds to pay their rent, invest in personal protective equipment (PPE), or anything else they need to operate efficiently.
Stay on Top of Policies That Matter with Agenda Discovery
You may be asking yourself, what’s next for Arizona businesses? What does the future hold for me? While that remains uncertain, you can expect to be the first to know when you invest in Agenda Discovery’s legislative tracking software. With it, you will consistently be updated on the latest developments happening in your local government and how their policies may impact you.
Contact us today to schedule a demo and learn how our software can help you stay ahead of the curve.