NAR Letter to President Trump Regarding COVID-19 Economic Relief
Issue Date: June 04, 2020
On June 4, NAR sent letter to President Trump. The letter thanks the President for his continued work to support Americans facing unforeseen financial challenges as a result of the COVID-19 pandemic. Previous economic relief packages have provided crucial lifelines to millions of independent contractors, small businesses, homeowners, and renters across the country. As additional legislation is considered, NAR supports the inclusion of provisions that will accelerate our nation’s economic growth. To further support millions of American small business owners and selfemployed individuals, NAR supports the Small Business Administration (SBA) loan programs - the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loans (EIDL). The extension of the PPP loan period and rehire exemption, along with additional EIDL funding will provide much needed financial security to business owners.