Recent Headlines

Millions of Texans could be shielded from evictions under new Trump administration order

affairs for the Texas Apartment Association, said that the organization is still analyzing the order and that evictions …

Houston City Council approves additional $20M in rent relief

Houston City Council approves another $20M in rent relief As Houstonians continue to suffer through the economic crisis brought on by the COVID-19 pandemic, city council unanimously approved a second round of rental relief. HOUSTON – By unanimous vote, Houston City Council approved a second round of rental relief, aimed at citizens hard-pressed by the…

A federal eviction moratorium is ending. Here’s what renters should know.

, but renters still have a little time. Once the ban ends, landlords are required to give renters 30 days’ …

Next pandemic threat to economy: a wave of evictions

Even in good times, 2 million or more households can face eviction in America in any given year. Low-income renters, especially, often scrape by on margins too narrow to absorb even modest difficulties. Now, the coronavirus pandemic, disrupting the income of legions, could create a tsunami of evictions.  Some states have seen temporary bans on…

What An “Eviction Freeze” Means For Mom And Pop Landlords

Forty percent of Texas renters unsure if they can make their next payment

Forty percent of Texas renters are unsure if they can make August’s rent. In a Census survey, two in five Texans who responded to a question on whether they were confident they could pay next month’s rent said they either had no confidence, slight confidence or would defer payment. Nationally, the percentage of apartment households…

City Council allocates bulk of community recovery CARES Act dollars to helping renters

CLOSE Health experts say the United States could potentially see 200,000 deaths due to the coronavirus by September. Wochit El Paso organizations helping residents laid off or furloughed because of the coronavirus got a boost last week when the City Council approved $15 million in federal stimulus dollars for assistance programs. The bulk of that…

Freddie Mac Multifamily offers new forbearance options and tenant protections

Freddie Mac Multifamily announced Monday that it has created three additional forbearance options to assist multifamily borrowers who have been impacted by COVID-19. Those options also extend tenant protections. The options include delaying the start of the repayment period following forbearance; an extension of the repayment period; and, an extension of the forbearance period with…

Fannie Mae Announces Updated Protections for Renters Impacted by COVID-19

“Fannie Mae is pleased to announce the latest tenant protections offered to multifamily renters impacted by COVID-19, including the ability for an impacted renter to repay owed rent over time and not all at once,” said Jeff Hayward, Executive Vice President, Multifamily. “Further, by offering our multifamily borrowers a forbearance extension up to six months,…