Today, Governor Ducey issued an Executive Order related to small business commercial tenants.The order does several things:
  1. Temporarily suspends evictions of tenants unable to pay rent due to financial hardship caused by COVID-19
  2. Encourages commercial landlords to work with tenants to make rent payment arrangements
  3. Directs commercial tenants who receive financial assistance from public programs (such as the federal Paycheck Protection Program) to apply a portion of those funds towards rent payments
  4. Encourages lenders to provide forbearance to commercial mortgage loan holders that have agreed to suspend or defer rent payments for their tenants
If you have any questions, please contact NAIOP Arizona’s President & CEO, Suzanne Kinney at suzanne@naiopaz.org or (602) 451-9326.

PHOENIX⁠ — Governor Doug Ducey today issued an Executive Order halting evictions in the state for small businesses and nonprofits that are unable to pay rent due to financial hardship caused by the COVID-19 pandemic. The order also encourages commercial landlords to defer rent payments for small business tenants facing economic hardship due to COVID-19 and consider waiving all fees and interest associated with late payments. Under the order, evictions will be halted until May 31, 2020.

“Arizona is grateful to the many landlords who are already working as good partners with small businesses during these challenging times,” said Governor Ducey. “This order helps ensure no small business or nonprofit will face eviction due to COVID-19 and that landlords and small businesses work in partnership to make sure we get through this emergency together. There’s more work to do to ensure Arizona’s small businesses can make it through this public health emergency. As we continue to prioritize public health, we will continue to do everything in our power to support those in our small business and nonprofit communities serving us.”

Today’s order builds on previous actions to delay the enforcement of eviction action orders for renters impacted by COVID-19. In addition, on March 30, Governor Ducey announced a cooperative agreement with the state’s banks to protect small businesses and families from eviction and foreclosure. Banks also committed to expediting the application and approval of small business loans as part of the $349 billion Paycheck Protection Program signed into law on March 27.

More information on Arizona actions related to COVID-19 can be found HERE.

The Arizona Commerce Authority has gathered resources to support businesses and employees as they help combat the spread of COVID-19. Businesses impacted by COVID-19 can access information on programs including loans to maintain payroll and disaster assistance loans through the Small Business Administration. More information can be found HERE.

Read the Executive Order HERE.