Governor Announces $10 Million for Small Business Rent and Mortgage Assistance

Date: August 14, 2020

Applications start August 17. Other assistance and resources available.

Gov. Doug Ducey announced August 13 that he is directing $10 million in federal CARES Act money “toward rent and mortgage assistance for Arizona small businesses required to pause operations due to the pandemic.”

According to Lauren Bouton, the governor’s director of stakeholder engagement, “The program will provide grants for up to two months of rent and mortgage payments due by small businesses. The maximum award will be $25,000. Grants will be prioritized for businesses that are most in need of the funding to meet their rent or mortgage obligations and do not have access to other financial support.”

Click here for more information. The application process starts August 17.

For a list of other assistance and resources, visit the Arizona Commerce Authority COVID-19 webpage.

 

 

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