COVID-19: the impact to multifamily housing

As the number of COVID-19 cases worldwide climbs, it’s apparent that things are getting worse before they get better. From business shutdowns, layoffs and quarantines, developers and owners of multifamily housing are left asking many questions. One in particular being, how does this affect my business?

The Coronavirus Aid, Relief, and Economic Security Act (CARES), the $2.2 trillion emergency stimulus package enacted March 27, included many HUD-related provisions related to project-based rental assistance, multifamily loan forbearance and temporary eviction moratorium.

This on-demand webinar will discuss:

• Current housing conditions and concerns related to COVID-19
• The virus’ immediate impact and how people are adapting to the “new normal”
• How the $2 trillion coronavirus relief bill affects the housing industry
• Congress’s next set of legislation being discussed and championed

PRESENTERS:

1. Todd Carpenter, Managing Principal, Baker Tilly

2. Don Bernards, Principal, Baker Tilly

3. Rob Hazelton, CEO, Dominion Due Diligence Group (D3G)

4. Brian Swanton, President & CEO, Gorman & Company

5. Trevor Tolbert, Senior Vice President, PNC

WHO SHOULD ATTEND:

• For-profit and not-for-profit developers and investors
• Property owners and managers
• Public housing authorities, syndicators and lenders

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Resource center

For 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.