IFA Forbearance and Rent Abatement Letter

GR Update

Governors, along with state agencies and legislators across the country are leading the charge against the COVID-19 pandemic. At the time of this letter, the majority of states have closed non-essential businesses. To ensure that franchisees are able to recover from the unprecedented economic burden created by COVID-19, the International Franchise Association urges states to implement an emergency forbearance and rent abatement program.