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New Jersey Community Capital, UCEDC, Regional Business Assistance Corporate, Cooperative Business Assistance Corporation, Greater Newark Enterprise Corporation (GNAC) and 1st Bergen Federal Credit Union will be participating in the authority's new CDFI Emergency Loan Loss Reserve Fund.

"The only path to a sustainable economic recovery is through a strong healthcare recovery," Gov. Murphy said.

The BPDA will review deferral requests for payments due in April 2020 through June 2020, and will seek authorization for an extension if necessary.

Illinois Gov. JB Pritzker, Michigan Gov. Gretchen Whitmer, Ohio Gov. Mike DeWine, Wisconsin Gov. Tony Evers, Minnesota Gov. Tim Walz, Indiana Gov. Eric Holcomb and Kentucky Gov. Andy Beshear jointly announced the COVID-19 partnership.

The purchase marks the firm's fifth acquisition of the year, second property in St. Louis, and first self-sponsored Delaware Statutory Trust.

Zeta Charter Schools is leasing 65,000 square feet in the Bronx for its new elementary school called Zeta Bronx Tremont Park Elementary.

The new law limits annual rent increases to 4.25% unless a tenant is 65 years of age or older in which case the rent increase is 2.5%.

Multifamily is not immune to the effects of the coronavirus pandemic. However, it is still performing, even if it is haphazard.