It is now easier than ever for REALTORS® to receive forgiveness on their Paycheck Protection Program (PPP) loans. Those who borrowed $50,000 or less can fill out the new SBA Form 3508S, which requires less documentation and fewer calculations than…
Governor Pritzker extended the eviction ban for another month, pushing the deadline back from its original expiration date of July 31 to the new date of September 22. It is unknown if he will extend the moratorium again, although we…
Applications for the Emergency Rental Assistance grant will be open until Friday, August 28. Funds are limited so it is important to complete the application as soon as possible. Those who qualify and awarded the grant will receive $5,000 that…
The city of Chicago has placed a six guest per unit restriction on all residential apartments in the city. This restriction was reinstated on Friday, July 24, as part of the Prohibited Gatherings restrictions put in place by the Chicago…
NAR and REALTORS® are supporting New York Congressman Maloney’s First Time Homebuyer Pandemic Savings Act. The legislation would let first–time buyers withdraw funds from their retirement accounts as coronavirus-related distributions to use toward the purchase of a home, meaning this…