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Updated over 4 years ago on . Most recent reply

User Stats

123
Posts
64
Votes
Suzy Sevier
  • Rental Property Investor
  • Cambridge, UK
64
Votes |
123
Posts

Lets chat about Kamala Harriss' RELIEF Act bill.

Suzy Sevier
  • Rental Property Investor
  • Cambridge, UK
Posted

Today she posted, "I announced the RELIEF Act, a bill to ban evictions and foreclosures for renters and homeowners for a year—and prohibit landlords from raising the rent during this health and economic crisis. Housing is a human right. It’s time we treated it like one."

"The legislation, which Harris plans to introduce next week, would ban evictions and foreclosures for a year while giving tenants up to 18 months to pay back missed payments. The current federal ban on evictions — which only covers the roughly 1 in 4 rental units in the country with a federally backed mortgage — expires July 24."

Here is the website for more information: https://www.politico.com/news/2020/07/16/kamala-harris-housing-evictions-366413?fbclid=IwAR3MmX5Jt7lLtvXO0Qp_igwJs6RB8CV8Ga-rO8_KTymZFFgXlxP5jmy714A 

Most Popular Reply

User Stats

667
Posts
382
Votes
Moises R Cosme
  • Flipper/Rehabber
  • Leominster, MA
382
Votes |
667
Posts
Moises R Cosme
  • Flipper/Rehabber
  • Leominster, MA
Replied

As long as the legislation offers relief to landlords, I would be on board.  The US economy is being decimated by COVID-19, I am on board to help my tenants but hope that the government realizes that being a landlord does not equate to unlimited cash to pay my mortgage and keep up with maintenance on the building.  

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