Day: May 14, 2020

SBA Provides New Safe Harbor for PPP Loans, Extended Repayment Date

Ever since the Coronavirus Aid, Relief and Economic Security (CARES) Act introduced the Paycheck Protection Program (PPP) in late March 2020, the U.S. Small Business Administration (SBA) continues to release piecemeal guidance to the public.  One major concern for the borrowers is whether they had met the requirement that the loan was necessary, as borrowers

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Affordable Housing FAQ Resource for Multifamily Landlords and Managers

  The coronavirus pandemic has created a disruption to the housing market. Many multifamily and affordable housing landlords and managers are seeing missed rent payments as tenants are losing income. Even if tenants are paying there is an uncertainty around whether or not they will be able to continue. In many markets, evictions are not

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