Tag: rental assistance

FHFA Announces Multifamily Tenant Protections

Filed in Disaster Response, Housing Finance, Multifamily by on July 28, 2021 4 Comments
FHFA Announces Multifamily Tenant Protections

The Federal Housing Finance Agency today announced that tenants of multifamily properties with mortgages backed by Fannie Mae or Freddie Mac who are subject to eviction for nonpayment of rent must be given 30 days’ notice to vacate before the tenant can be required to leave the unit.

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Resources for Renters, Landlords as CDC Eviction Moratorium Expires

Filed in Disaster Response, Membership, Multifamily by on July 23, 2021 0 Comments
Resources for Renters, Landlords as CDC Eviction Moratorium Expires

The upcoming expiration of the eviction moratorium order mandated by the Centers for Disease Control and Prevention (CDC) is putting a renewed emphasis on the resources available to ensure those impacted by the COVID-19 pandemic are able to remain in their homes.

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Help Residents Access Rental Assistance

Filed in Disaster Response, Multifamily by on June 24, 2021 0 Comments
Help Residents Access Rental Assistance

Landlords can help connect tenants with necessary funding to help ensure that their payments are current, especially ahead of eviction moratoria expirations.

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At NAHB’s Urging, Treasury Dept. Releases $21.6 Billion in Emergency Rental Assistance

Filed in Advocacy, Housing Affordability, Multifamily by on May 7, 2021 0 Comments
At NAHB’s Urging, Treasury Dept. Releases $21.6 Billion in Emergency Rental Assistance

Earlier this week, NAHB Senior Officers met with HUD Secretary Marcia Fudge to urge the expedited release of billions of dollars of emergency rental assistance and the same request was made to the White House two weeks ago. Today, the Treasury Department announced it is releasing $21.6 billion funding for the second tranche of the Emergency Rental Assistance Program (ERAP). Treasury released its first $25 billion in rental assistance earlier this year.

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Biden Signs $1.9 Trillion Stimulus Bill Into Law

Filed in Advocacy, Disaster Response by on March 10, 2021 2 Comments
Biden Signs $1.9 Trillion Stimulus Bill Into Law

President Biden signed the $1.9 trillion COVID-19 relief package into law on March 11.

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Key Housing Provisions in $900 Billion Relief Bill Passed by Congress

Filed in Advocacy, Disaster Response, Tax Reform by on December 21, 2020 5 Comments
Key Housing Provisions in $900 Billion Relief Bill Passed by Congress

A $900 billion economic relief package approved by the House and Senate tonight includes key provisions that NAHB championed. The bill provides small businesses relief from burdensome loan forgiveness requirements, helps struggling renters and owners with dedicated rental assistance, strengthens the Low-Income Housing Tax Credit and assists HBAs that have largely been excluded from previous relief measures.

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NAHB Urges Congress to Reach Agreement on Coronavirus Relief Package

Filed in Advocacy, Disaster Response by on October 1, 2020 1 Comment
NAHB Urges Congress to Reach Agreement on Coronavirus Relief Package

As negotiations continue between House Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin on another COVID-19 stimulus package, NAHB is urging the White House and Republican and Democratic leaders to move swiftly to advance a bill that will provide relief to American home owners and renters, create a streamlined, simplified forgiveness process for Paycheck Protection Program (PPP) loans, and provide state and local home builders associations access to PPP loans.

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NAHB Working to Minimize COVID-19’s Impact on Rental Market

NAHB Working to Minimize COVID-19’s Impact on Rental Market

As the economic damage caused by the COVID-19 outbreak continues to spread, NAHB is leading the charge in calling on Congress to provide rental assistance to the nation’s renters and housing providers. Emergency rental assistance will keep tenants in their homes and ensure the financial viability and stability of the rental housing industry.

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