NAR recently hosted a webinar for associations and membership regarding ongoing COVID-19 resources and important information. NAR is highlighting that everyone’s personal and business situation is different so you are highly encouraged to follow the links below for more specific information to see what applies to you.
Congress recently passed the $2 trillion CARES Act which provides the public with several avenues for assistance or relief. There are many provisions of this package including;
– Mortgage Forbearance of Federally Backed Mortgages (Fannie Mae, Freddie Mac, HUD, VA and USDA)
-Payroll Protection Small Business Loan Program for Employers
-Small Business Economic Injury Disaster Loans
-Cash relief payments directly to taxpayers within certain perimeters
-Unemployment payments to independent contractors (PA system is not yet ready as of 4/13)
For many more details of the CARES Act visit: