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Home More Real Estate

Governor talks to real estate community about pandemic recovery, policy priorities

by Trading How
March 22, 2021
in Real Estate
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Governor talks to real estate community about pandemic recovery, policy priorities
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Arizona Gov. Doug Ducey up to date the actual property group Friday on the state’s robust financial restoration from the pandemic and his coverage priorities for his two remaining years in workplace. 

Gov. Doug Ducey

A ”balanced strategy” to reopening companies and Arizonans doing their half to scale back unfold of the illness helped the state get better extra rapidly than a lot of the nation, the governor stated.

“After a yr of turmoil and challenges, we’re seeing our state return to regular,” he advised about 250 attendees at a digital “breakfast” assembly of the nonprofit Valley Partnership, which represents actual property builders within the Phoenix metro space. 

“All of our faculties are absolutely reopening. We’ve lifted occupancy limits on our native companies. We’ve recovered over 97 % of the roles we’ve misplaced because the begin of the pandemic. We’re on tempo so as to add over 300 new jobs by subsequent spring.” 

Stayed on monitor regardless of assaults from far proper and left 

After the preliminary shutdown of all however important companies final yr, Ducey progressively introduced the economic system again in phases, which earned criticism from each the political proper and left all through. 

However the strategy labored, he stated. An infection charges have dropped considerably and Arizona ranks within the high 5 states for the strongest financial restoration. This month, Ducey lifted nearly all restrictions on companies whereas social distancing and security protocols stay in place.

“In contrast to different states, we by no means did a shutdown right here in Arizona. We withstood the calls from the extremes on each side, and we are going to proceed to disregard them,” Ducey stated. “We at all times knew that preventing this virus could be depending on the non-public duty of on a regular basis Arizonans.”

On the entrance of the precedence checklist 

Now that the Legislature is in session, progress is being made on quite a few the coverage agenda targets Ducey specified by January. Payments which have handed or are anticipated to go this session embody enlargement of telemedicine statewide, wildfire prevention and inmate firefighter coaching, a brand new gaming compact, and a legislation to guard companies and others from frivolous Covid-19 lawsuits. 

In itemizing his priorities, Ducey emphasised a couple of on the entrance of the road: meet the demand for Covid-19 vaccines; open faculties and catch up college students who fell behind throughout the pandemic; and keep Arizona’s rising standing as a competitor for business and excessive paying jobs. 

In the meantime, Arizona can count on to proceed to outpace the remainder of the nation shifting ahead, he stated.

Vaccine provide ought to exceed demand by Could 

Arizona’s mass vaccinations efforts have turn out to be a job mannequin for the nation, Ducey stated. The state has now distributed greater than 2.6 million doses with extra on the way in which. 

Arizona was the primary state to launch a 24/7 mass vaccination web site on the State Farm Stadium, house of the Arizona Cardinals. Final Monday, the entire variety of vaccinations distributed to the stadium hit the five hundred,000 mark, Ducey stated. Different vaccination websites had been additionally launched at Phoenix Municipal Stadium, the College of Arizona and Chandler-Gilbert Neighborhood School. 

Ducey stated the one remaining problem is assembly demand. He’s working with federal officers to extend the variety of doses to Arizona within the coming weeks, and has been advised that offer ought to exceed demand in Could. 

Prime priorities shifting ahead 

Trying forward, the image can also be shiny, Ducey stated. New stimulus funding coming into the state, together with $12.3 billion for state authorities, and a rising economic system, Arizona will be capable to obtain most of his coverage priorities, he stated. They embody:

  • Infrastructure initiatives together with enlargement of broadband statewide
  • Mitigate the impression of Proposition 208 on small companies 
  • Help for college kids who fell behind throughout the pandemic 
  • Planning and new know-how to guard Arizona’s water provides for the long run 
  • A brand new state gaming pack with the tribes to increase casinos on reservations and approve sports activities betting statewide
  • Sensible power coverage to make sure dependable and inexpensive power  
  • Forest hearth prevention and safety efforts together with work coaching packages for inmates to study firefighting abilities 

In closing, Ducey acknowledged his dedication to maintain taxes low and rules gentle. He stated he desires non-public business to know they’re a precedence for the state. 

“We understand it’s a aggressive scenario. We’ve been profitable extra of our fair proportion of companies selecting Arizona as a headquarters web site over locations like California, Texas, Florida, Tennessee, Utah, and Colorado. There’s no purpose we will’t hold that going for many years sooner or later. Our economic system is actually diversified with extra on the way in which.” 



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