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BuzzHouse: PPP update and guidance following the second round of PPP funding
Jan. 19, 2021
Baker Tilly's podcast series specifically for professionals in the multifamily housing industry
Round two of the Paycheck Protection Program (PPP), also referred to as PPP2, was renewed as part of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act. The $900 billion relief package includes $284 billion towards the new round of PPP loans, providing more avenues of relief for small businesses.
Find out if you are eligible for funding, learn the acceptable uses for PPP funding and understand the parameters for forgiveness and tax deductions.
Special guest
Todd C. Bernhardt
Todd Bernhardt, principal and practice leader of Baker Tilly Advantage. Todd leads the firm’s full-service accounting and advisory solution dedicated to small businesses, Baker Tilly Advantage and serves as the firm’s retail growth leader.
BuzzHouse hosts
Donald N. Bernards
Donald Bernards, principal in the real estate group with Baker Tilly, has been active in many aspects of affordable housing since 1999.
Garrick Gibson
Garrick Gibson is a principal with Baker Tilly’s development and community advisory practice. He has more than 15 years of experience, specializing in partnership tax concepts and tax incentivized real estate for development projects.
Affordable housing resources
View moreFor articles, webinars and additional resources for developers, housing authorities, property managers, state housing credit agencies and lenders, visit our affordable housing page.
For more information on this topic, or to learn how Baker Tilly specialists can help, contact our team.
Listen to this podcast now
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The information provided here is of a general nature and is not intended to address the specific circumstances of any individual or entity. In specific circumstances, the services of a professional should be sought. Tax information, if any, contained in this communication was not intended or written to be used by any person for the purpose of avoiding penalties, nor should such information be construed as an opinion upon which any person may rely. The intended recipients of this communication and any attachments are not subject to any limitation on the disclosure of the tax treatment or tax structure of any transaction or matter that is the subject of this communication and any attachments.