Congressional leaders struck a deal Sunday on a nearly $900 billion coronavirus relief bill that will bring a new round of support to millions of Americans before year’s end.
The agreement contains many priorities championed by NAR, including rental assistance, a fresh round of funding and simplified forgiveness for SBA loans, and more direct payments to Americans. “Through this bill, our members will continue to have access to unemployment and small business assistance. But perhaps one of the biggest wins is rental assistance, which we have fought hard for since the last major COVID-19 bill was passed in April. It will bring instant relief to both mom-and-pop property owners and American families in danger of going over a financial cliff at the end of the year,” says Shannon McGahn, chief advocacy officer for NAR. “While this bill hit more traditional political obstacles than the ones passed earlier this year, it was always a must-pass bill,” McGahn says. “One in five of our members took out a PPP loan. We made sure that Congress knew these items were critical to America’s 1.4 million REALTORS® and the economy as a whole.” Specifically, the agreement reportedly:
Congressional leaders will begin consideration of the agreement Monday alongside a $1.4 trillion spending bill to fund the government through September 2021. The government funding bill reportedly contains several items of importance to NAR, including:
Watch nar.realtor/coronavirus for updates. This Below Market Rate home is offered at $334,549.00. It's a 2 Bedroom, 2 bath, 1066 sq ft home on one level. Offers are due by December 22, 2020.
Look at the flyer below for steps on applying. (Click here for link) This YouTube video is an update from Realtor.com showing that jobs are slowly returning. Many are waiting for another round of stimulus checks. The mortgage rate can't get much lower than it already is as you can see from the charts. Home sales will increase and possibly pricing also, because supply is tight while demand is good. Forecast for 2021 is upbeat and positive. |
I hope you will enjoy My Journal as I try to share information and tips that hopefully add value and bring more happiness into your life. Thanks for visiting frequently and please share with your family and friends.
Do you need help? All you have to do is reach out. Don't be afraid to ask.
ArchivesGet 22% back with Solar from HCI Solar. Email for the info.
|