Stimulus talks resume, small business apocalypse looms, developer eyes minority communities for $1 billion investment, conforming loan limits rise in 2021, and don’t write off downtown office space just yet.
In Today’s News
Rental Assistance on the Table in Stimulus Talks
Some form of rental assistance, along with renewed unemployment payments, were on the table as stimulus talks resumed today on Capitol Hill.
Why it matters: The National Apartment Association tells GlobeSt.com that the industry is at a breaking point: Many have burned through their reserves and cannot continue to bear the financial burden of housing the nation’s renters alone.
Half of America’s Small Businesses Could Close Before 2021
The pandemic‘s drastic surge is taking a toll on small businesses, too, after a summer and fall that saw some slow recovery, according to the Alignable small business network.
Why it matters: This assessment comes from the digital networking