Just as the eviction moratorium, which has been a thorn in the side of many multifamily owners and operators, was supposed to run out, President Biden made a last-minute bid to keep it in place.

A statement today from White House press secretary Jen Psaki said that President Biden "calls on Congress to extend the eviction moratorium to protect such vulnerable renters and their families without delay." He also "asked the U.S. Departments of Housing and Urban Development, Agriculture, and Veterans Affairs to extend their respective eviction moratoria through the end of September, which will provide continued protection for households living in federally-insured, single-family properties."

Although the CDC had previously extended the moratorium multiple times, the Supreme Court made clear in June that a further broad extension could not be done without congressional approval and authority.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.