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Below are links from relevant agencies and other sources regarding the coronavirus (COVID-19). Check these links periodically for any updates:

• Administration’s Update (May 12, 2020)
• CDC – Coronavirus Disease 2019 (COVID-19)
  • Interim Guidance for Businesses and Employers to Plan and Respond to Coronavirus Disease 2019 (COVID-19)
  • Cleaning & Disinfecting Your Facility (April 2, 2020)
• Department of Labor Coronavirus Resources Page 
  • OSHA Guidance on Preparing Workplaces for COVID-19   
  • OSHA 2019 Novel Coronavirus Overview
  • Key OSHA Standards, Worker’s Rights and Employer Responsibilities for COVID-19
  • OSHA Protecting Workers During a Pandemic Fact Sheet 
• Fannie Mae
  • Fannie Mae Issues Updated Multifamily Lender Guidance (March 31, 2020)
• Federal Emergency Management Agency
  • FHFA Authorizes Loan Processing Flexibilities for Fannie Mae and Freddie Mac Customers
• Federal Reserve Board
  • Main Street Lending Program
  • Main Street Lending Program FAQs (April 30, 2020)
• Freddie Mac COVID Resources/Guidance Hub
• Ginnie Mae
  • Ginnie Mae Addresses Servicer Liquidity Issues (March 27, 2020)
  • Ginnie Mae Announces Pass-Through Assistance Program for Participants in the Ginnie Mae Multifamily MBS Program (May 4, 2020)
    • Pass-Through Assistance Program Related to COVID-19 (PTAP/C19) Frequently Asked Questions (May 4, 2020)
• Homeland Security – Cybersecurity and Infrastructure Agency (CISA)
• HUD – Coronavirus (COVID-19) Information & Resources
  • Multifamily Q&A for COVID-19 (May 21, 2020)
    • (If you see an earlier version, refresh your browser)
  • Letter from the Office of Public and Indian Housing and the Office of Multifamily Housing (March 13, 2020)
  • COVID-19 FAQs for the Public Housing, Housing Choice Voucher (HCV) (including the Project-based Voucher Program (PBV)) and Native American Programs (March 13, 2020)
  • FAQs About COVID-19 for Fair Housing Initiatives Program (FHIP) Grantees and Applicants (March 19, 2020)
  • A Message from Secretary Carson Regarding HUD.gov Resources (March 16, 2020)
  • Multifamily closings during COVID-19 pandemic – best practices (March 19, 2020)
  • Community Development Block Grant Disaster Recovery (CDBG-DR) COVID-19 FAQs (March 31, 2020)
  • Updated COVID-19 Guidance Multifamily Conference Call (April 7, 2020)
  • CARES Act Flexibilities for CDBG Funds Used to Support Coronavirus Response and plan amendment waiver (April 9, 2020)
  • CPD Memo: Availability of Waivers and Suspensions of the HOME Program Requirements in Response to COVID-19 Pandemic (April 10, 2020)
  • HUD Issues Memoranda on Suspensions and Waivers for HOME Program COVID-19 Response (April 10, 2020)
  • Section 223(f) Underwriting Mitigants for Multifamily Housing Projects Due to Economic Impact of COVID-19 Emergency (April 13, 2020)
  • Dear Multifamily Stakeholders, We have received many questions about tenant income during the pandemic, specifically about unemployment payments and the stimulus tax credit. We updated the Multifamily Q&A for COVID-19 with an answer on page 9. It says: Household stimulus payments of up to $1,200 (which is technically an advance tax credit) and the temporary $600 per week federal enhancement to unemployment insurance provided by the CARES Act are not to be included in calculations of income. However, HUD notes that regular payments of unemployment insurance (issued by the state) are treated as income, as is customary under program rules.
    Please listen to the latest program updates on SoundCloud.
    Recording Agenda:
    0:00-0:25 – Introduction by Bob Iber
    0:25- 4:40 – FHA Commissioner & Acting Deputy Secretary Brian Montgomery
    4:40 – 10:50- Toby Halliday with asset management updates
    10:50-15:00- Bob Iber addressing forbearance
    15:00 – 21:50- Pat Burke & Tom Bernaciak with production updates
    21:50- 25:11- Tom Davis with recapitalization updates
  • HUD Awards $1.5 Million in Funding to Support COVID-19 Related Fair Housing Activities (April 20, 2020)
  • Addressing Tenant Concerns During the COVID-19 National Emergency (April 2020)
• Small Business Administration – Coronavirus (COVID-19): Small Business Guidance & Loan Resources
  • Paycheck Protection Program Loans: Frequently Asked Questions (FAQs) (May 13, 2020)
• Department of Treasury
  • Assistance for Small Businesses
    • Top-line overview of the paycheck protection loan program 
    • More information for lenders
    • More information for borrowers
    • Borrower Application Form (April 2, 2020)
    • Lender Application Form
    • New Lender Application Form (Federally Insured Depository Institutions, Federally Insured Credit Unions, Farm Credit System Institutions)
    • New Lender Application Form (Non-Bank and Non-Insured Depository Institution Lenders)
    • Interim Final Rule
    • Interim Final Rule on Affiliation
    • Applicable Affiliation Rules
    • Frequently Asked Questions (Updated April 13, 2020)
    • Find an eligible lender
  • Assistance for State and Local Governments
  • Preserving Jobs for American Industry
  • Assistance for American Workers and Families
  • IRS Provides Short-Term Extensions to Certain Housing Credit and Housing Bond Deadlines Due to COVID-19
  • IRS Regulatory Relief Available During COVID-19 Pandemic – Prepared by NCHSA (April 21, 2020)
  • Notice 2020-32 – Clarifies that taxpayers are not allowed a deduction for an expense if payment of the expense results in forgiveness of a Paycheck Protection Program (PPP) loan and the income associated with the forgiveness is excluded from gross income. (May 4, 2020)
  • Revenue Procedure 2020-21 – Guidance concerning tax-exempt private activity bonds (PABs), which are used with 4 percent low-income housing tax credits to finance affordable housing. (May 4, 2020)
  • Notice 2020-25 – Expanded Temporary Rule Allowing Governmental Issuers to Purchase Certain of Their Own Tax-Exempt Bonds (May 4, 2020)
• USDA – Coronavirus Disease (COVID-19)
  • USDA Provides Guidance on Multi-Family Housing in the Wake of COVID-19 (March 19, 2020)
  • USDA Implements Immediate Measures to Help Rural Residents, Businesses and Communities Affected by COVID-19 (April 1, 2020)
  • Rural Development’s COVID-19 Information  (March 27, 2020)
  • Rural Development’s Multifamily Housing CARES Act Forbearance Request Guidance (April 2, 2020)
  • RD FAQs for Multifamily Stakeholders (April 6, 2020)
  • USDA Implements Immediate Measures to Help Rural Residents, Businesses and Communities Affected by COVID-19 (April 8, 2020)
  • COVID-19 Multifamily Stakeholder FAQ–PART 2 (April 10, 2020)
  • USDA Unveils Tool to Help Rural Communities Address the COVID-19 Pandemic (April 13, 2020)
  • Section 538 Forbearance Guidance (April 17, 2020)
  • USDA Implements Immediate Measures to Help Rural Residents, Businesses and Communities Affected by COVID (April 29, 2020)
  • USDA Rural Development Issues Frequently Asked Questions for Multi-Family Housing Tenants (May 6, 2020)
• World Health Organization – Coronavirus Disease (COVID-19) Pandemic
  • Q&As on COVID-19
• State & Local Information
  • Council of State Government State Executive Orders 
  • National Governors Association State Action Tracker 
  • National League of Cities COVID-19 Local Action Tracker 
  • Cybersecurity & Infrastructure Security Agency Guidance on Essential Workers During COVID-19 (Recommendations to States and Localities, Not Binding Regulation – Updated on March 28 to explicitly recognize property management and housing construction)
• Additional Resources
  • Guide to Talking to Your CMBS Servicer (CREFC) 
  • 3 Key Risk Management Responses to COVID-19 and Managing Business Interruptions-Risk and Insurance Management Society
  • Summary of Eviction Moratoriums-LeaseLock
  • Joint Center for Housing Studies of Harvard University – COVID-19 Resources

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NIXON PEABODY, LLP ALERTS

• Nixon Peabody Affordable Housing Alert – HUD Issues FAQs for Owners of Multifamily Assisted Housing on Dealing with COVID-19 (March 16, 2020)
• SBA Issued its Interim Rule Clarifying and Changing the PPP Loan Program (April 3, 2020)
• Review of the SBA’s interim final rule implementing the Paycheck Protection Program (April 6, 2020)
• U.S. Department of Labor’s new guidance on CARES Act’s Pandemic Unemployment Assistance program and $600 weekly Federal Pandemic Unemployment Compensation (April 8, 2020)
• Main Street Lending Program established to facilitate lending to small and medium-size businesses, including those with over 500 employees (April 9, 2020)
• HUD issues mortgagee letters implementing new debt service reserve requirements and forbearance protocol during coronavirus (COVID-19) (April 13, 2020)
• Update 4.0: HUD issues updated coronavirus (COVID-19) guidance (April 15, 2020)
• New guidance from Small Business Administration emphasizes “need” in Paycheck Protection Loans (April 24, 2020)
• Evaluating the Paycheck Protection Program versus the Employee Retention Credit (April 25, 2020)
• New IRS guidance dampens benefits of coronavirus (COVID-19) relief under the Paycheck Protection Program (May 4, 2020)
• Updated HUD FAQs provide additional details regarding asset management issues, multifamily production issues and Mortgagee Letter 2020-11 (May 4, 2020)
• IRS provides relief for municipal bond issuers in response to COVID-19 pandemic (May 7, 2020)
• As Congress moves towards fixing the CARES Act, some borrowers seek relief from arguably invalid SBA rulemaking through the Administrative Procedures Act (May 12, 2020)
• SBA provides some clarification on the good-faith certification and creates new safe harbor for PPP loans (May 13, 2020)
• SBA extends safe harbor date for PPP loans to May 18, 2020 (May 14, 2020)