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$1.9 Trillion Emergency Relief Plan

On Behalf of | Jan 15, 2021 | Firm News

President-elect Joe Biden on Thursday outlined a $1.9 trillion emergency relief plan that would have major consequences for real estate and the economy at large.

The proposal would extend a national moratorium on evictions and foreclosures to Sept. 30. The moratorium is set to expire Jan. 31,

Biden is also calling on Congress to come up with $30 billion for emergency rental, energy and water assistance for hard-hit families, as well as $5 billion in assistance for those experiencing homelessness.