
The US Supreme Court overruled the Biden administrations’ moratorium on evictions late last night.
The Supreme Court rules 6-3 for private property rights over those of squatters who use Covid as a pretext for free rent. Finally, a victory for sanity in America.
— Scott Morefield (@SKMorefield) August 27, 2021
Justices blocked President Biden’s ban issued by the CDC which allowed more than three million people across the nation to live rent-free until October 3rd.
There are billions of dollars available in the Treasury Department’s Emergency Rental Assistance program.
The Emergency Rental Assistance program makes funding available to assist households that are unable to pay rent or utilities. Two separate programs have been established: ERA1 provides up to $25 billion under the Consolidated Appropriations Act, 2021, which was enacted on December 27, 2020, and ERA2 provides up to $21.55 billion under the American Rescue Plan Act of 2021, which was enacted on March 11, 2021. The funds are provided directly to states, U.S. territories, local governments. Grantees use the funds to provide assistance to eligible households through existing or newly created rental assistance programs.
~ The American Rescue Plan offers additional financial assistance to renters.
~ On July 28, 2021, the FHFA announced protections for tenants of multifamily properties with loans backed by Fannie Mae or Freddie Mac—requiring landlords to give tenants 30 days’ notice before being forced to leave.
~ Some state and local governments have imposed rent eviction moratoriums of their own.
~ Various social service agencies, states, and local governments also offer rent assistance.