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Rental Assistance Needed for Renters & Housing Providers Alike

  On September 4, the Centers for Disease Control and Prevention (CDC) declared a temporary halt to residential evictions to prevent the further spread of COVID-19, which applies to all residential housing. This moratorium ends on December 31, 2020.

This may seem helpful to renters in the short-term. But, this notice does not relieve residents from their rent obligations, and landlords may charge late fees, penalties and interest on missed rental payments.

Right now, housing markets are strong. But a lack of rental assistance jeopardizes the entire real estate market. The eviction crisis that will occur at the end of this eviction moratorium will be significant. The current eviction moratorium will leave housing providers and renters alike struggling, and will have a devastating impact on our national economy. Read the full story HERE.

 

 

 

 


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