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$55M to COVID-19-Impacted Tenants for Rent Relief

Jun 22, 2020

By Max L. Forer

Housing, Legal Developments—Oregon, From the Ground Up, COVID-19 Resource Center, Real Estate

On Friday, June 5, a bipartisan committee of the Oregon Legislature unanimously made a series of decisions about how to spend $247 million in federal coronavirus relief as part of the CARES Act. The largest single element of the package is $55 millio...

CARES Act Provides Relief for Federally Backed Property Loans and Renters

Mar 26, 2020

Legal Developments—National, Real Estate, From the Ground Up, COVID-19 Resource Center, CARES Act, Real Estate

On March 25, 2020, the Senate passed the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) to address the COVID-19 emergency. Although the CARES Act is still subject to final approval by the House of Representatives and being signed by...

Strategies for Commercial Landlords to Manage Tenants in COVID-19 Distress

Mar 31, 2020

Leasing, Real Estate, From the Ground Up, COVID-19 Resource Center, Real Estate

On Monday, the Seattle City Council passed Resolution 31940 calling on Governor Jay Inslee, federal legislators, and the Trump administration to impose an immediate moratorium on residential and commercial rent and mortgage payments. This resolution...

EPA and States Issue Temporary Policies: Air and Water Permit Compliance During COVID-19

Apr 01, 2020

Environmental, Legal Developments—National, From the Ground Up, COVID-19 Resource Center, Environmental

In light of the COVID-19 crisis, federal and state environmental agencies have issued temporary policies that affect regulated entities. This blog post is intended to help summarize these guidelines and highlights pertinent questions. U.S. ENVIRONMEN...

Oregon Imposes Statewide Moratorium on Commercial Evictions

Apr 02, 2020

Legal Developments—Oregon, From the Ground Up

In a recent post discussing strategies for commercial landlords to manage requests for rent relief during the COVID-19 pandemic, we highlighted the Seattle City Council’s resolution urging state and federal legislators to impose an immediate moratori...

COVID-19: Modifications to Loans May Have Unintended Tax Consequences

Apr 13, 2020

Tax, From the Ground Up

As we previously discussed, on March 22, 2020, federal banking regulators published the Interagency Guidance ("the Guidance") to encourage lenders to, among other things, enter into short-term loan modifications (if prudent and appropriate) with borr...