Multifamily Housing Industry Reacts to Congressional COVID-19 Package
With April 1 approaching, and authorities racing to react in real-time to the impacts of the COVID-19 reality, on Friday, March 27, Congress delivered, at long last, the Coronavirus Aid, Relief and Economic Security (CARES) Act—a $2 trillion federal stimulus aimed at easing the pain of putting the global economy on ice.
Presented here is the response from the National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) on the law’s impact on multi-family rental housing markets. As well a summary of the Act's provisions pertaining to the U.S. Department of Housing and Urban Development:
"Instead, what should be a limited protective step is expanded to those who have not been financially impacted by the pandemic."
Read the full report at The Planning Report.
Topics
- Cities Are Suddenly a Little Less Car-Centric
- NACTO Releases Pandemic Streets Design Guide
- 1,000-Plus Mixed-Income Units Planned in Miami
- 'Ramps to Nowhere' Will Come Down in Seattle as New Debates Heat Up
- Louisiana Coast Will Disappear, Study Says. The Only Question Is How Soon.
- History in the Making: BART Extension into San Jose Ready for June Opening
- California's Population Might Be Peaking
- Popularity of Opportunity Zone Program Grows During the Pandemic
- What Surveys Say About Generation Z
- Proposed Mass Timber High-Rise In Seattle Adds Six Stories
- The Legacy of Redlining Made Clear by the Coronavirus
- Permeable Pavements Required for Parking, Sidewalks in New Orleans
- Tight Housing Market Could Prime Economic Recovery
- Nextdoor Getting Cozy With Local Officials
- Code Enforcement as Coronavirus Response Policy
- Who Pays When Corporate Campuses Leave the Suburbs?
- New Census Report Captures the Housing Effects of Disasters
- The Growing Footprint of Al Fresco Streets
- Transit, Bikeshare Integration Planned in Austin
- The Argument Against Accessory Dwelling Units
