Eviction ban, rental assistance approved in $900B stimulus deal
The package — part of a $2.5 trillion spending bill — includes a one-month extension of the eviction moratorium, a $600 stimulus check and expanded unemployment benefits
by Patrick Kearns Dec 21
President Donald Trump
The National Association of Realtors says moratorium will bring 'chaos' to rental housing sector and 'bring more havoc' to the economy
Did Trump extend the eviction moratorium? Not exactly
Issued Saturday, the executive order offers some mitigation measures, but falls short of extending the moratorium included in the CARES Act
by Patrick Kearns Aug 10
Sister of Steve Mnuchin sues potential buyers for deal fallout
Valerie Mnuchin claims her penthouse's potential buyers exploited the COVID-19 crisis to try and renegotiate the sale contract, which resulted in the co-op board rejecting the deal
by Lillian Dickerson May 26
Real estate scores $10.7B as small business loan program runs out of gas
Real estate businesses collectively won about 3.14% of the total funding lawmakers set aside to save small firms during the pandemic
by Jim Dalrymple II Apr 17
Banks get first grab at stimulus checks
Those checks of up to $1,200 for an individual and $500 per dependent were expected to assist landlords indirectly, enabling tenants — at least in lower-cost cities — to pay their rent
by Lillian Dickerson Apr 15
Fed, Treasury launch $600B small business loan program
The Main Street Lending program will provide four-year loans to businesses with fewer than 10,000 employees
by Patrick Kearns Apr 10
Trump admin proposes massive overhaul of FHA, Freddie and Fannie
New guidance from HUD and U.S. Treasury would end the conservatorship of Fannie Mae and Freddie Mac, while reforming the Federal Housing Administration
by Patrick Kearns Sep 6
The United States Treasury
Opportunity Zones aim to incentivize building in distressed communities, but some say it could boost gentrification
by Patrick Kearns Oct 19