Community Specific Resources for COVID-19

Notice to Community Owners Relating to the CARES Act

  

If your community has a federally backed loan, evictions are currently prohibited.  


Multifamily Mortgage Forbearance Under the CARES ACT 

Provides up to 90 days of forbearance for multifamily borrowers with a federally backed multifamily mortgage loan (Fannie Mae, Freddie Mac or HUD) who have experienced a financial hardship. Borrowers receiving forbearance may not evict or charge late fees to tenants for the duration of the forbearance period. 


Temporary Moratorium on Eviction Filings  Under The CARES ACT

A 120-day moratorium on evictions beginning on the date of enactment. Landlords are prohibited from initiating legal action to recover possession of a rental unit or to charge fees, penalties, or other charges to the tenant related to such nonpayment of rent where the landlord’s mortgage on that property is insured, guaranteed, supplemented, protected, or assisted in any way by HUD, Fannie Mae, Freddie Mac, the rural housing voucher program, or the Violence Against Women Act of 1994.