Axela Technologies, the leading provider of collection solutions for community associations, has announced a funding program that will provide a financial lifeline at a time when HOAs and condos need it most. The funding is available nationwide, effective immediately. “We realize that times are tough, and they are going to get more difficult for community associations,” said … [More]
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As Stimulus Funds Dry Up, Private Sector Firm Provides Funding to Community Associations
Axela Technologies
EEOC Updates Employee Medical Condition Laws due to COVID-19
U.S. Equal Employment Opportunity Commission
The U.S. Equal Employment Opportunity Commission (EEOC) today posted an updated and expanded technical assistance publication addressing questions arising under the Federal Equal Employment Opportunity Laws related to the COVID-19 pandemic. The publication, “What You Should Know About COVID-19 and the ADA, the Rehabilitation Act, and Other EEO Laws” expands on a previous … [More]
Communities Impacted by COVID-19 See $1.5 Billion in CARES Act Funds Available
Economic Development Administration
U.S. Secretary of Commerce Wilbur Ross today announced that the Department’s Economic Development Administration (EDA) is now accepting applications from eligible grantees for Coronavirus Aid, Relief, and Economic Security Act (CARES Act) supplemental funds (EDA CARES Act Recovery Assistance) intended to help communities prevent, prepare for, and respond to … [More]
Arizona Nonprofits Report Losses Could Be $433 Million by Year’s End
Alliance of Arizona Nonprofits
Nonprofits across Arizona are reeling from the impact of the COVID-19 pandemic in real numbers, according to a survey by the Alliance of Arizona Nonprofits. This week, the Alliance received 306 responses to its updated Covid-19 Nonprofit Impact Pulse Survey and is reporting 98% of responding organizations have been significantly impacted by the pandemic. Of those impacted, … [More]
Cox Gives Back to the Tune of $11 Million in COVID-19 Contributions
Cox Communications
Cox customers represent a true cross-section of our community and the company believes in using its resources and voice to help lift those in need. To demonstrate this commitment, Cox has contributed nearly $11 million in cash and in-kind COVID-19 contributions to date in Phoenix and Southern Arizona. Even though the majority of the company’s 3,000 Arizona … [More]
Valley Credit Union Surpasses 450 Processed PPP Loans
Arizona Federal Credit Union
In the wake of COVID-19, small business owners in Maricopa County turned quickly to apply for, and receive, financial assistance through the Small Business Administration Paycheck Protection Program (PPP). Arizona Federal Credit Union quickly responded to this influx of requests from its member-owners to help them navigate the process and get the business-saving loans to keep … [More]
Navigating the Multifamily Real Estate Market during these Challenging Times
by Shravan Parsi
Like nearly every industry, the multifamily real estate market has taken a hit during the COVID-19 pandemic, but it may have one advantage that some industries don’t. People always need a place to live. For investors or potential investors in multifamily real estate, that means it’s just a matter of waiting for opportune moments to arise once the worst of the crisis has … [More]
Health Certification for Businesses to Ensure Safety to Reopen
HealthyVerify Certification
Businesses can obtain independent verification that they have taken steps above and beyond conventional guidelines to reduce the risk of COVID-19 infection at their stores and offices under a new process developed by doctors, researchers and legal experts in Phoenix. The HealthyVerify Certification provides business operators a year’s worth of counsel and support based on … [More]
EIDL Loans Now Open to Farmers, Fishers and Ranchers for COVID-19 Relief
American Sustainable Business Council
The Emergency Injury Disaster Loan (EIDL) Advance/Loan portal is temporarily open for agricultural businesses that were previously ineligible for the program. New non-agricultural business applications will not be accepted. The portal will be opened for a limited period, and it is recommended that you apply as soon as possible. The link to the portal will be: … [More]
Food, Tourism, Healthcare to Get Boost through Grants from Scottsdale Economic Group
Scottsdale Industrial Development Authority
The Scottsdale Industrial Development Authority is stepping up with an innovative infusion of capital for small businesses walloped by the economic tsunami of COVID-19. The new program provides $200,000 of funding in $5000 grants for local businesses in the food and beverage, tourism and healthcare sectors, which have been especially hard hit by this global … [More]
EN NEGOCIOS: Cómo solicitar el programa PPP para su negocio en 3 sencillos pasos
by Edgar R. Olivo
El Programa de Protección de Nómina es un préstamo diseñado para proporcionar un incentivo directo para que las pequeñas empresas mantengan a sus trabajadores en la nómina. En abril, el Congreso aprobó una suma adicional de $310 mil millones de dólares para ayudar a más propietarios de pequeñas empresas a mantener a sus empleados. La SBA perdonará los préstamos si todos los … [More]
Report Highlights Devastating Impact of COVID-19 on Arizona Nonprofits
ASU Lodestar Center for Philanthropy and Nonprofit Innovation
As unemployment soars and Arizonans cope with the ongoing impacts of the COVID-19 pandemic, many nonprofit organizations, from food pantries to shelter services, are needed more than ever. But those same organizations are struggling with disruptions of their own as donations decline and volunteers stay home. ASU’s Lodestar Center for Philanthropy and Nonprofit Innovation … [More]
Shared Work Program Expands as $140.8 Million in Unemployment Paid Last Week to Arizonans
Arizona Department of Economic Security
The Arizona Department of Economic Security (DES) announced the expansion of the Shared Work Program to help keep more Arizonans employed in their jobs and receiving pay during the COVID-19 public health emergency. The Shared Work Program is an alternative to layoffs that allows employers to divide reduced work or hours among a specific group of affected employees and allows … [More]
Updated Guidance for Restaurants, Coffee Shops, Barbers and Cosmetologists
State of Arizona Office of the Governor
Following continued positive data trends, Governor Doug Ducey today announced the next steps Arizona will take to gradually reenergize the economy. The Governor issued an Executive Order allowing cosmetologists and barber shops to resume appointment-based services this Friday, May 8 and restaurants and coffee shops to resume dine-in services with physical distancing measures on … [More]
SBA Disaster Relief Loans Available to Agricultural Businesses
Small Business Administration
U.S. Small Business Administration Administrator Jovita Carranza announced today that agricultural businesses are now eligible for SBA’s Economic Injury Disaster Loan (EIDL) and EIDL Advance programs. SBA’s EIDL portal will reopen today as a result of funding authorized by Congress through the Paycheck Protection Program and Healthcare Enhancement Act. The legislation, signed … [More]
Phoenix Presidential Visit Made Possible by ‘Exceptional Manufacturing Workforce’
City of Phoenix
A countdown for Phoenix, Arizona, started in Charlotte, North Carolina when Honeywell made the decision to significantly boost the availability of personal protection equipment for first responders and healthcare professionals in America. At the time, Phoenix city staff didn’t know about the agility test it was about to face. “We have moved quickly to expand our production … [More]
J. Crew Files for Bankruptcy Protection. Is this Just the Beginning?
by Richard Lawless
The imminent devastation of U.S. retail is just beginning to be revealed by the Bankruptcy of J. Crew. J. Crew and its affiliated companies have approximately 500 retail outlets throughout the country. These store-front operations employ thousands of people. Unfortunately, J. Crew is not suffering alone. According to the National Retail Federation, there are 3,700,000 retail … [More]
BCBSAZ Advances Payments to Medical Providers to Cover Shortfall due to Pandemic
Blue Cross Blue Shield of Arizona
Blue Cross Blue Shield of Arizona (BCBSAZ) announced a new program to support primary care providers (PCPs) across the state during the COVID-19 pandemic. PCPs participating in the BCBSAZ Patient Centered Medical Home (PCMH) program can now receive partial prepayment of their estimated annual quality incentive payment. These advances will help BCBSAZ PCMH providers cover … [More]
