On March 18 the "Families First Coronavirus Response Act" (H.R. 6201) was signed. It's the government's plan to provide emergency funding relief stemming from loss of jobs and income related to the COVID-19 coronaviris outbreak.

What does it mean for business owners trying to make payroll? For tenants paying rent? For landlords paying mortgages? And how do these things change if the properties involved are backed by Fannie Mae, Freddie Mac or the HUD?

At this webpage, the National Association of Realtors has distilled and summarized the 110-page bill to arrive at answers. The NAR has also prepared some PDF documents to help us digest the information:

• Overview of how NAR members are affected
• A breakdown of the benefits for Realtors, an outline of the major provisions

Also see:

• The government's 110-page bill
• The government's title-by-title summary

Rob Bergeron holds a conference call with real estate attorney Michelle Rawn and KREIA Past President Dennis Erhard to discuss questions landlords are having in these uncertain times:

• What's going on with the courts?
• Can evictions still be filed?
• Are closings still going on as usual?
• How can I help tenants find assistance and relief?
• Is this a good time to buy new properties?

And they also talk about why to never let a tenant trade work for rent.

Remember, you can catch up with all the "See You at Noon" videos, along with all our other freely available videos, at KREIA's YouTube Channel.

We heard from MM Lending's Mike Fallot that University of Louisville Hospital needs N95 construction masks. They are running out of health-grade masks, with no resupply. New legislation now allows healthcare workers to use the industrial-grade N95 mask.

Please check your supplies and inventory for N95 masks. If you can donate, please text Mike at 502-396-7371.

Got questions about how banks are handling the current economic situation concerning government decisions surrounding the COVID-19 virus?

Check out this FDIC PDF we've posted: Frequently Asked Questions for Financial Institutions Affected by the Coronavirus Disease 2019.

Thanks to Chris McCarty, KREIA President, for making it available here.

If you're looking for a central repository of news for real estate investors concerned about government response to the coronavirus pandemic, check out this COVID-19 web page from National REIA.

National REIA is tracking eviction rulings around the United States along with tax relief efforts. On the COVID-19 page you'll also find communications from the HUD and downloadable resources from the CDC and the EPA.

They're also compiling articles and updates. Here are some recent examples:

• Fed cuts rate to zero as COVID-19 weighs on markets
• Info for multifamily properties or for rental owners with employees
• COVID-19 preparedness for apartment firms