Industry News

NH&RA Launches COVID-19 Website, Discussion Forum

In response to the mounting Coronavirus public health crisis, NH&RA launched a dedicated section of our website to keep stakeholders apprised of the evolving guidance. The webpage lists all news stories with the COVID-19 tag in the order in which they were added and stories can be filtered by state. NH&RA is pleased announce a […]

Third Coronavirus Package Enacted, Negotiations Begin on Fourth Package

The $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES Act), H.R. 748, was passed by the House by a voice vote and signed by President Trump on March 27. The House and Senate are both out until April 20, but work has already begun on drafting a fourth Coronavirus aid package. The package is likely to include funding for health systems, frontline healthcare workers, infrastructure, state and local governments and rebates to families and individuals.

IRS Considers Promulgation of Specific Coronavirus Guidance

The Internal Revenue Service (IRS) told the National Council of State Housing Agencies (NCSHA) that the ten issues for which the NCSHA requested specific guidance are all relevant to the current COVID-19 situation and under active consideration by IRS while they await guidance from Treasury about how to proceed.

Member News

LISC Launches Rapid Relief and Resiliency Fund

Local Initiatives Support Corporation (LISC) launched its Rapid Relief and Resiliency Fund to provide immediate and longer-term resources in three critical areas: Small business support, Organizational support for community-based partners and Access to technology.

Pennrose Creates COVID-19 Resident Relief Fund

The Pennrose Foundation announced that it has created a COVID-19 Resident Relief Fund to provide support to residents who are facing adverse effects to the new coronavirus. The Foundation will match contributions to the COVID-19 Resident Relief Fund up to $25,000.

Nixon Peabody Considerations for Rehab-In-Place in the age of COVID-19

Owners of multi-family housing properties who wish to use a “rehab-in-place” strategy during the current public health emergency must take extra precautions, both to protect against the spread of COVID-19 and to protect themselves from liability.