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Sat Oct 3, 2020, 12:29 PM

Inside the New Coronavirus Relief Bill: a Total Eviction Moratorium

https://www.bloomberg.com/news/articles/2020-10-03/house-coronavirus-relief-bill-would-ban-evictions
The $2.2 trillion stimulus package passed by House Democrats includes a complete ban on eviction and foreclosure filings for 12 months.
On Oct. 1, just hours before the first reports of the news that President Donald Trump had tested positive for Covid-19, the U.S. House of Representatives passed a $2.2 trillion coronavirus relief package. Among the elements in the bill: a complete ban on eviction filings over nonpayment. That’s a far stronger action than Congress or the White House has taken previously.

The legislation that Democratic lawmakers passed would prevent landlords from filing evictions for nonpayment for a full year after the bill is passed. It would further prohibit foreclosures over nonpayment over the same period and enact automatic forbearance for delinquent borrowers to address the needs of struggling homeowners.


Now I'm all in favor of helping the poor out and being compassionate, but what exactly are landlords expected to do? My family has two rental properties and this could create some utter nightmares for us if it passes and we get tenants refusing to pay rent with no way to evict them.

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Reply Inside the New Coronavirus Relief Bill: a Total Eviction Moratorium (Original post)
Calculating Oct 2020 OP
KWR65 Oct 2020 #1
alwaysinasnit Oct 2020 #2
Cerridwen Oct 2020 #3
tblue37 Oct 2020 #4
Calculating Oct 2020 #5

Response to Calculating (Original post)

Sat Oct 3, 2020, 12:33 PM

1. This will be litigated in the courts. I know in Calif. it is in the courts right now.

We don't know if State and Federal governments can interfere in private rental contracts. This also could be considered a taking by the government where it would have to pay the land owners for their losses.

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Response to KWR65 (Reply #1)

Sat Oct 3, 2020, 12:49 PM

2. +1000

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Response to Calculating (Original post)

Sat Oct 3, 2020, 12:58 PM

3. From the article:

As with prior eviction bans, the new House bill does not “cancel the rent,” a step that many progressive groups and tenant advocates have pressed Congress to take. Aid for property owners, however, could offset lost rent and prevent mortgage defaults by landlords. About half of rental properties nationwide are owned by small mom-and-pop landlords, many of whom have struggled to keep up with payroll, maintenance and taxes during the pandemic.

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Response to Calculating (Original post)

Sat Oct 3, 2020, 12:59 PM

4. Landlords should get federal relief, too.

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Response to tblue37 (Reply #4)

Sat Oct 3, 2020, 01:22 PM

5. This

The government should pay landlords to keep people who are unemployed due to the pandemic housed.

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