UPDATE: CDC Eviction Moratorium

 
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NAR Eviction Moratorium Issue Summary

Allows more restrictive state and local protections, but overrides anything less restrictive.

When: TBD (likely September 4, 2020) through December 31, 2020.
What: The Centers for Disease Control and Prevention (CDC) announced the issuance of an Order under Section 361 of the Public Health Service Act to temporarily halt residential evictions to prevent the further spread of COVID-19.
Who is covered: All properties, except vacant and abandoned. Any resident who certifies they meet the below criteria may not be evicted for failure to pay. The CDC’s order requires residents to declare (under penalty of perjury) that they...

What eviction is allowed?

Is the rent still due?

How is this enforced?

Download Sepetember 2, NAR Eviction Moratorium Issue Summary for all the information


NAR Memo regarding CDC Eviction Moratorium

Download the full Memo

Why do REALTORS care?
The current eviction moratorium will leave housing providers and renters alike struggling. During the moratorium, property owners will struggle to make their obligations – including mortgage payments, insurance, taxes, property maintenance, utilities and staff. When the moratorium expires, renters will struggle to make up massive amounts of back rent (which could amount to over a years’ worth of rent). This will turn our current healthcare crisis into a significant housing crisis come 2021.
Congress: Rental Assistance is necessary for renters AND Housing Providers.
Congress must enact an emergency rental assistance program that addresses the challenges for housing providers and renters alike. The House-passed HEROES Act did include rental assistance, but not sufficient to cover the number of renters covered by the CDC notice. All renters who are eligible and attest to their need for the eviction moratorium must be covered. Payments should be made directly to housing providers who provide housing authorities with copies of their residents’ attestations.

What has NAR done?

Download September 3, 2020 Real Estate Coalition Letter on the CDC order

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