Tell Congress that an eviction moratorium by itself will devastate the apartment industry!
It was with the hope that negotiations in DC on a final pandemic relief package would include rental assistance. Instead, talks broke down and in an unprecedented action the Administration, under the auspices of the Centers for Disease Control (CDC), enacted a nationwide eviction moratorium for all rental properties effective September 4 through the end of the year.
Please tell Congress that an eviction moratorium by itself will devastate the apartment industry and does nothing to protect apartment communities and the 17.5 million jobs supported by the industry. We MUST have a robust rental assistance program!
An eviction moratorium may keep residents in their homes in the short term, but it will just put them months behind in their payments that they will struggle to ever make up.And, months of rental defaults will cripple our industry’s ability to protect our communities, pay our employees and meet our own financial obligations. Already, we are seeing smaller independent owners drain their reserves to keep their businesses afloat while some residents have been unable or unwilling to pay.
Please contact your members of Congress TODAY before it’s too late and tell them to pass emergency rental assistance and not eviction moratoriums!