The National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) continued to work with federal policymakers this week as Texas begins to recover from Harvey and Irma threatens Florida. Our team has been communicating with a variety of officials at FEMA, HUD, SBA, Treasury, the GSEs and other agencies to monitor the response and determine the overall impact of the storms as well as the options that apartment communities may have in terms of government support. We recommend reviewing Freddie Mac’s most recent update that outlines their approach to dealing with impacted Borrowers and their properties and associated loans.
As more information becomes clear we will continue to provide updates on the federal response. For up-to-date information, please be sure to check our Hurricane Resource Center for information important to both property owners and residents as well as our Hurricane Irma Emergency Preparedness page.