Real Estate Coalition Letter to President Biden Calling for an End to the Nationwide Eviction Moratorium on June 30
Issue Date: June 11, 2021
On June 11 NAR signed on to a coalition letter to President Biden. The signatories consist of 12 organizations representing for profit and non-profit housing owners, operators, developers, lenders and property managers and cooperatives involved in rental housing, both affordable and conventional. "Significant progress has been made in controlling COVID-19. Additionally, improving economic conditions along with the broad financial assistance provided through the combined relief bills, including Coronavirus Relief Fund and Emergency Rental Assistance Program (ERAP) funds, expanded unemployment insurance and direct stimulus checks, have steadied the housing sector and alleviated the risk of displacement for thousands of renters. Therefore, the continuation of a nationwide, one-size-fits-all, federal eviction policy, put into place in 2020, is at odds with the current environment and will ultimately only serve to place insurmountable levels of debt on renter households and prevent recovery in the housing sector."