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COVID-19 Stimulus Bill Extends Rental Relief

Saturday, Jan 02 2021
Lending
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The 5,600-page coronavirus relief bill signed by President Trump on December 27 includes provisions extending assistance to renters. So reports The New York Times.

A moratorium on rental evictions, previously extended through December 31, will now last until January 31. The bill also includes $25 billion in relief for renters who have fallen behind.

Aside from the relief agreement, federal regulators previously extended mortgage forbearance relief and foreclosure protection for homeowners with loans backed by Fannie Mae or Freddie Mac.

Read the full article from The New York Times. 

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