Thursday, March 26, 2020

Senate Passes $2 Trillion Stimulus Bill That Includes Relief For Retail, Hotels, Multifamily

bisnow.com
The Senate, voting unanimously just before midnight Wednesday evening, passed the economic aid package. The bill had been expected to pass that afternoon, but it was delayed after a group of Republican senators aired objections about its unemployment insurance provisions. The House of Representatives is expected to vote Thursday before sending the bill to the White House.

 Parts of the measure are aimed at providing relief in the form of loans to real estate sectors particularly hard hit by the emergency, especially hotels and restaurants.. . . more