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What s In the $900 Billion Virus Relief Bill Passed by Congress

What s In the $900 Billion Virus Relief Bill Passed by Congress
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What s in the new $900B coronavirus relief package?

Rep. James Comer on lawmakers finally voting on $900B relief plan. Congressional leaders on Sunday reached a deal on a roughly $900 billion coronavirus relief package after a half-year of stalemate, securing another tranche of aid as a surge in COVID-19 infections threatens to further derail the nation s sputtering economy. If passed by the House and Senate on Monday as expected, the legislation would extend aid to millions of Americans still reeling from the pandemic by providing a fresh round of stimulus checks, enhanced unemployment benefits and money for small businesses, as well as new funding for struggling industries, tax breaks, vaccine distribution and education and health care.

This year s adversity means opportunity for affordable housing in 2021

This year s adversity means opportunity for affordable housing in 2021 Richard F. Burns, opinion contributor © Getty Images This year s adversity means opportunity for affordable housing in 2021 This was a year like no other for every business, and the acquisition and preservation of affordable housing was no exception. Between keeping old deals alive, initiating new ones, and finding ways to help residents pay the rent, we at The NHP Foundation (NHPF) have leveraged the lessons learned during this tumultuous year to make some predictions for the industry in 2021. Here s what those in the acquisition, development, resident services and asset management trenches at NHPF suggest we should look for in 2021:

What is in the $900 billion coronavirus relief bill

What is in the $900 billion coronavirus relief bill Naomi Jagoda,Niv Elis and Alexander Bolton © Greg Nash What is in the $900 billion coronavirus relief bill Lawmakers late on Sunday released a long-awaited $900 billion coronavirus relief bill that is expected to be passed by Congress on Monday and signed into law by President Trump. The relief package will be combined with a $1.4 trillion measure to fund federal agencies through the end of September and a package extending expiring tax provisions. Both Democrats and Republicans touted various aspects of the relief package, though Democrats wanted a significantly larger bill. Democrats argue that more relief legislation will need to be enacted once President-elect Joe Biden takes office, though Republicans are already resisting that idea. A state and local aid package and liability protections were left out of the agreement.

How state and local governments fared in the coronavirus relief bill

How state and local governments fared in the coronavirus relief bill
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