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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.

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

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