What the 'Families First Coronavirus Response Act' Means for Realtors and Investors

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U.S. House SealOn 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:

Also see:

 



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