On Wednesday, January 6, the Small Business Administration (SBA) released updated guidance for the Paycheck Protection Program (PPP), reflecting changes and updates made by the December 2020 COVID-19 relief bill. The SBA also announced that the program will reopen for new applications on Monday, January 11 for new borrowers, and on Wednesday, January 13 it will begin accepting applications from borrowers who qualify for second-draw PPP loans. In addition, qualifying 501(c)(6) organizations will be able to apply for PPP loans for the first time. At this time, the SBA has not released updated application forms. NAR will share those as soon as they are available.
Assembly Housing & Real Estate Committee chair and WRA member Rep. Jagler outlines his priorities for the current legislative session that include the urgent need for workforce housing, expanded broadband access, and moving legislation that was stalled from the last session due to the COVID-19 pandemic.
Window to the Law: Preventing Cybercrime During COVID-19
With the COVID-19 pandemic forcing the world to become more virtual, cybersecurity is more important than ever. By being informed and staying vigilant, real estate professionals can protect themselves and their clients from cybercrime. These five tips can help prevent cybercrime.