Washington DC CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
NMHC Calls for Direct Financial Assistance to Renters Due to COVID-19
The National Multifamily Housing Council has called for the federal government to provide short-term financial assistance to renters facing layoffs or lengthy periods without a paycheck due to the outbreak of COVID-19.
The D.C.-based organization is currently actively working with Congress to secure federal support for those negatively affected by the spread of COVID-19, including direct rental payment assistance for American families who suffer a loss of income during the crisis.
“The nation is facing an unparalleled challenge,” said Doug Bibby, president at NMHC. “In this time of uncertainty, it has never been more important for the public and private sectors to work together and alleviate the effects of COVID-19 to the greatest extent we can.”
The organization is also working with members and other housing providers to take actions like working with residents on payment plans and agreements for paying rent, waiving late fees and other administrative costs over the next 30 days, developing a response plan for potential exposure to COVID-19 and sharing resources about COVID-19 with residents.
For comments, questions or concerns, please contact David Cohen
