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    • [July 1, 2025] - Retail Center & Senior Residential Development Planned in Casa Grande
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      Retail Center & Senior Residential Development Planned in Casa Grande

      July 1, 2025

      New 108-Room Hotel, Conference Center Planned in S. Phoenix

      July 1, 2025

      Phoenix-to-Tucson Rail Study Advances

      June 27, 2025

      Kimpton Hotel Palomar Phoenix to See $5.5M in Renovations

      June 27, 2025

      Arterial Life Cycle Program Covers 20 Years of Street Development

      June 27, 2025

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      June 24, 2025

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      February 7, 2025

      KOREPlex Buckeye Site Quietly Listed For Sale

      January 31, 2025

      State Government Shutdown Averted as Hobbs Signs Budget

      July 1, 2025

      Arterial Life Cycle Program Covers 20 Years of Street Development

      June 27, 2025

      $56M+ MAG Program will Enable $90M in Arterial Street Widening Projects

      June 24, 2025

      MAG Committee Info Details Upcoming Pavement Plans

      June 20, 2025

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      State Government Shutdown Averted as Hobbs Signs Budget

      July 1, 2025

      Hobbs, Legislators Reach Water Use Compromise

      June 24, 2025

      Phoenix Delays Data Center Rezone Vote

      June 20, 2025

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      June 24, 2025

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      U.S. Construction Added 4,000 Jobs in May

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      Retail Center & Senior Residential Development Planned in Casa Grande

      July 1, 2025

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      July 1, 2025

      State Government Shutdown Averted as Hobbs Signs Budget

      July 1, 2025

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      July 1, 2025
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    AZBEX
    Home » Budgets & Funding » COVID-19 News Round-up for June 26
    Budgets & Funding

    COVID-19 News Round-up for June 26

    BEX StaffBy BEX StaffJune 26, 2020No Comments2 Mins Read
    Credit: Gallagher
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    Budget, Policy & Stimulus News 
    Surprise Gets $16M in CARES Cash  
    The City of Surprise recently received more than $16M via the Coronavirus Aid, Relief, and Economic Security Act to help offset tax losses and other budget impacts from the COVID-19 pandemic. The funds are intended to help with public safety personnel costs. Money freed up through the assistance payment will be used to shore up the General Fund in the face of sales tax losses. (Source: Independent Newsmedia) 
    IRS and Treasury Ease Opportunity Zone Incentive Requirements 
    Earlier this month, the Treasury Department and Internal Revenue Service issued revised guidelines and timeline extensions for investors in Opportunity Zone-related projects. (Source: Snell & Wilmer) 
    Economic News 
    Phoenix Housing Bouncing Back 
    Metro Phoenix’s housing market took a hit from COVID-19 in April and early May but is showing signs of climbing back to a record pace for sales. Pending sales started to climb again in late May, and the forecast is for home prices to rise in June. (Source: AZCentral) 
    COVID Impact on Industrial 
    A recent article in National Real Estate Investor examines the impacts of the current pandemic on the Industrial real estate and development market. Topics include: Distribution, manufacturing, fulfillment and possible near- and long-term sector trends. (Source: National Real Estate Investor) 
    Other 
    AASBO 2020 Conference Canceled 
    The Arizona Association of School Business Officials has announced the cancelation of its Annual Conference for 2020. The event will be reconfigured as a virtual conference at a later date. According to the group announcement, “With the goal to create the format of this virtual conference as close to the in-person conference as possible, there are numerous details that will need to be worked out to make this an exceptional conference. We will keep you informed with each step as we walk down this road together. Our tentative time frame will be the last week of October. (Source: aasbo.org) 

    COVID-19
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    By Roland Murphy for AZBEX Mary-T Inc. is planning a mixed-use development combining 77 age-restricted…

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