Industry Coalition Urges White House to Sunset Eviction Moratorium on June 30 - MikeLembeck.com, Orange County Multifamily Broker, Apartments, 1031 Exchanges

Industry Coalition Urges White House to Sunset Eviction Moratorium on June 30

A broad real estate coalition has urged the Biden administration to sunset the federal moratorium on evictions on June 30, while applauding the measures the administration has taken to stabilize the housing sector.

In a joint letter to President Biden, the coalition said the broad financial assistance provided through relief bills, including Emergency Rental Assistance Program funds, expanded unemployment insurance and direct stimulus checks, has helped avoid a financial catastrophe and provided a path to recovery for individuals, households and businesses alike.

“As the pandemic comes under better control, we look forward to working with the Administration to end unsustainable nationwide federal restrictions on property operations, implement workable solutions for renters facing housing instability and help the country recover,” the coalition said.

Signatories to the letter included CCIM Institute, Council for Affordable and Rural Housing, IREM, Manufactured Housing Institute, Mortgage Bankers Association, National Affordable Housing Management Association, National Apartment Association, National Association of Home Builders, National Association of Housing Cooperatives, National Association of Realtors, National Leased Housing Association and National Multifamily Housing Council.


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