Washington – RealEstateRama – Chuck Fowke, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Tampa, Fla., issued the following statement regarding the U.S. Centers for Disease Control and Prevention’s nationwide order to halt millions of renters from being evicted through Dec. 31, 2020:
“NAHB is concerned the CDC’s rental eviction moratorium through the end of the year could result in unforeseen negative economic consequences without dedicated funding for rental assistance. Therefore, it is imperative the White House works with Congress on a new coronavirus relief package that will protect tens of millions of renters and small business property owners who are suffering severe financial stress from the pandemic. Absent rental income, these small mom and pop property owners must continue to pay their mortgage, property taxes, employees and cleaning/maintenance services. And without sufficient rental income, a number of properties would be pushed into foreclosure. Congress must act now to assist renters and property owners.”
Contacts:
Elizabeth Thompson
(202) 266-8495
Stephanie Pagan
(202) 266-8254
