How The New Stimulus Bill Will Impact Real Estate


How The New Stimulus Bill Will Impact Real Estate


UPDATE, DEC. 28, 10:26 A.M. ET: President Donald Trump signed the stimulus bill into law on Dec. 27. He had delayed signing as he pushed for an increase in the direct payments to Americans from $600 to $2,000, but the bill went through with the $600 agreed on by Congress last week.

Congressional leaders have completed negotiations on a large stimulus bill that will provide $900B in coronavirus pandemic relief, along with a $1.4 trillion omnibus spending package.

The relief measure, expected to be passed by the House and then the Senate as early as Monday, includes a number of provisions that will help various sectors of the real estate business — though it is missing key programs industry groups lobbied for...
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RSK: Stay tuned on this one. I am sure there will be changes along the way.

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- - Volume: 9 - WEEK: 2 Date: 1/5/2021 8:42:40 AM -