Nareit Developments House Passes Paycheck Protection Program Flexibility Act 417-1 HR 7010 would ease restrictions for borrowers of PPP loans. 05/30/2020
Nareit Developments Hawaii State Legislature Reconvened for 10 Days in May Legislators are planning to convene again in mid-June to discuss more on COVID-19 and economic recovery. 05/30/2020
Nareit Developments Legislation Would Ensure Federal Insurance Against Pandemics The Pandemic Risk Insurance Act of 2020 is modeled after the Terrorism Risk Insurance Act, passed after the 9/11 terror attacks. 05/30/2020
Nareit Developments House of Representatives Passes HEROES ACT The $3 trillion relief package would provide funding for a wide range of groups, including a new stimulus check, passed the House by only a narrow margin. 05/18/2020
Nareit Developments Nareit Supports Bipartisan Effort to Boost Businesses Hardest Hit by the COVID-19 Crisis Senators Bennet (D-CO) and Young (R-IN) have announced a program that would make enhancements to the Paycheck Protection Program and create the RESTART initiative. 05/11/2020
Nareit Developments Nareit, RER Ask National Leaders to Address Business Continuity Pandemic Issues through Insurance-Type Solution Letters request administration and Congress take action on Potential Business Continuity Solution. 04/19/2020
Nareit Developments Congress Considering Pandemic Insurance Coverage Nareit supports congressional efforts to reach consensus on pandemic insurance coverage. 04/19/2020
Nareit Developments Joint Trades Request for Additional Support of Commercial Mortgage Markets Nareit Urges that TALF be expanded to include more investment grade commercial real estate debt instruments. 04/17/2020 Image
Industry News mREIT Executives Shed Light on Recent Market Volatility “Even the liquid markets became illiquid,” one mREIT CEO says. 04/03/2020
Nareit Developments $2 Trillion Coronavirus Rescue Package Signed into Law The relief package includes a vast pool of grants and loans for small businesses, a large expansion of unemployment insurance, and new resources to help strained state, local, and tribal governments as they combat this pandemic. 03/30/2020
Nareit Developments Congress Continues to Work on COVID-19 Economic/Health Care Relief Measure Senate negotiators and Treasury Secretary Steven Mnuchin have been working on an agreement that would help blunt the economic fallout of the coronavirus crisis. 03/23/2020
Nareit Developments Fed and FHFA Act to Increase Liquidity in Mortgage Securities Market The Federal Reserve said today that it would significantly expand its purchases of mortgage backed securities, helping provide liquidity to the nation’s mortgage markets. 03/23/2020
