Major revisions to the Paycheck Protection Program are on the way. The "Paycheck Protection Program Flexibility Act" amends the portion of the CARES Act that established the PPP. The changes are intended to make forgiveness of PPP loans more achievable for a greater number of businesses. Major changes include:5 Year Maturity...
Showing posts with label COVID19 Relief Program. Show all posts
Showing posts with label COVID19 Relief Program. Show all posts
Friday, June 05, 2020
Friday, May 29, 2020
29
May
A COVID-19 property tax relief bill is on its way to Governor Cuomo's desk for signature. The bill, S8138B, empowers local taxing jurisdictions to defer property taxes for up to 120 days from their original due date. Alternatively, the taxing jurisdiction can create a payment plan with similar time restrictions. This special...
Wednesday, March 25, 2020
25
Mar
On March 24, 2020, the details of NYS’ COVID-19 mortgage help came to light.
Specifically, the New York State Department of Financial Services promulgated 3 NYCRR 119 in response to Governor Cuomo’s Executive Order 202.9.
Here is a Q&A about the details:
What is the COVID-19 Relief Program?
The COVID-19...
