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Calculating

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Member since: Fri Jul 1, 2016, 10:57 PM
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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. Thatís 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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