Update as of December 1, 2020
Prior to the passage of the CARES Act, NMHC called on lawmakers to enact a number of provisions that would provide assistance to renters and property owners affected by financial hardships as a result of the COVID-19 outbreak. Many of our proposals were incorporated into the $2 trillion CARES Act, not the least of which were the recovery rebates and the expanded unemployment benefits.
As Congress looks at the next phase of relief, NMHC is continuing to make the case for critically needed emergency relief for the rental industry, housing professionals and our residents. For example, establishing an emergency rental assistance program and mitigating the impact of the Centers for Disease Control’s eviction moratorium are two key industry priorities.
NMHC is the voice of the apartment industry in Washington, D.C. – a role we don’t take lightly.
After all, decisions in Washington not only affect your organization’s bottom line, but also the safety and security of your employees and residents. The NMHC Government Affairs Team has spent approximately 7,400 hours working on your behalf since the onset of this crisis – read on to see the highlights of what we’ve been working on.
What we are working on now
As Congress works to reach a deal on a second COVID-19 relief package, NMHC is in constant communication with lawmakers on several provisions important to the multifamily and its residents – including the following:
Create an Emergency Rental Assistance Program
Read the Factsheet >>>
Limit and Further Target Eviction Moratorium
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Provide Financial Mitigation and Mortgage Forbearance Protections
Create a Federal Reserve Credit Facility for Mortgage Services
Expand the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) to Include All Multifamily Businesses
Congress Needs to Hear From You
It’s more important than ever that Congress hear from leaders within the multifamily industry on these critical issues. With a third of Americans unsure if they will be able to pay next month’s rent and expanded unemployment insurance set to run out at the end of the month, Congress must act now to ensure our nation’s continued housing stability.
We’ve created resources to help you make our case with lawmakers.
- Real Estate Coalition Letter on Rental Assistance Implementation
- Real Estate Coalition Letter to Congress on Coronavirus Relief Fund
- Real Estate Coalition Letter to Congress Urging COVID-19 Relief
- Coalition Letter to State Policymaker Groups on Rental Assistance
- Real Estate Coalition Letter to Administration on CDC Eviction Moratorium
- Real Estate Coalition Letter to Congress on CDC Eviction Moratorium
- Real Estate Coalition Letter on CDC Order to House Financial Services Committee
- Real Estate Coalition Letter on CDC Order to Senate Health Committee
- Real Estate Coalition Letter on CDC Order
- Housing Advocates and Industry Coalition Letter Regarding COVID-19 Relief
- Coalition Letter to Leadership Regarding Paycheck Protection Program
- Coalition Letter to Senate Regarding Paycheck Protection Program