Budget, Policy & Stimulus Newsย
$100M PPP Payments to Charter Schools Investigatedย
State Schools Superintendent Kathy Hoffman andโฏArizona Deputy Auditor General Melanie Chesneyย areโฏexamining whether the $100M inย Paycheck Protection Programย payments to charter schools in Arizona violate a โrarely enforcedโ state law prohibiting paying โtwice to educate the same pupilsโ. (Source:ย AZCentral)ย
Yuma Considers Increasing Relief Fundsย
Yuma is looking to increase the amount ofย COVID-19ย relief funds set aside for small businesses. City Council will consider upping the funds by $230K. Last month, the council approved a grant program to help the Yuma small businesses most impacted by the pandemic using a portion of theย CARES Actย allocation to the city. Coupled with the original $320K, the relief grant funds will total $550K. (Source:ย Yuma Sun)ย
Economic Newsย
Student Housing Recovery Depends on Local Marketsย
Student housing operators are optimistic about demand in markets where universities will hold face-to-face classes thisย fall butย have a gloomy outlook for markets where universities will shift entirely online.ย Uncertainty looms over off-campus student housing operators in markets where universities have elected to go entirely virtual, saysย Sean Baird,ย director of the national student housing group with real estate services firmย Colliers International.ย (Source:ย National Real Estate Investor)ย
Class B & C Offices May be Hardest Hitย
Amid theย COVID-19ย pandemic, Class-B and -C office buildings are facing some big challenges,ย as they tend to be occupied to a large extent by small businesses. These small businesses are less likely to recover from the economic impact of the health crisis. A significant number of such businesses have already been forced to close, while others have survived with a mix of government aid, forbearance on debt and rent,ย and creativity in selling to an increasingly financially distressed populace. (Source:ย National Real Estate Investor)ย
PPP Pumps $200M into West Valleyย
The federal government pumped more than $200M into car dealers, restaurants, churches, private schools,ย contractorsย and other West Valley businesses under Paycheck Protection Program loan-forgiveness.โฏIn the West Valley, 199 companies received PPP loans of at least $150K. Another 1,922 West Valley businesses were granted loans between $44K and $147K. The under-$150K category totals $154M.โฏ(Source:ย West Valley View)ย
Resourcesย
Maricopa County Small Business Grant Opportunitiesย
A number ofย Small Business Grant Opportunitiesย remain available for businesses inย Phoenix,ย Mesaย and the rest ofย Maricopa County.ย Interested parties should follow the link(s) relevant to their location for more information.ย (Source:ย City of Phoenixย Community and Economic Development)
Public Facilities Operations Updateย
On Augustย 5th,ย Rose Law Groupย published its regular update of municipal and county office, public meeting and planning and development access.ย (Source:ย Rose Law Group Reporter)ย
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NEWS TICKER
- [August 12, 2026] - Tighter Data Center Restrictions Advancing in Gilbert
- [August 11, 2026] - IT Asset Management Company Proposing Mesa Warehouse/Office
- [August 11, 2026] - Tucson Council Approves Major Data Center Restrictions
- [August 11, 2026] - Buckeye Councilmember Holds Up Planned 376-Unit Affordable Housing Community
- [August 11, 2026] - Industry Professionals 08-11-26
- [August 11, 2026] - Commercial Real Estate 08-11-26
- [August 7, 2026] - Developer Planning 71KSF Industrial Building in NE Phoenix
- [August 7, 2026] - Gilbert Planning Recommends Rezone for 12-Acre Harvest Grove Commercial Area
