Landlord Tenant Law - Trump's New Eviction Executive Order
The White House announced a new series of executive orders providing relief to Americans facing eviction proceedings. The President issued an executive order granting additional student loan relief and provide a payroll tax cut, enhanced unemployment benefits and an eviction moratorium. Some of the Executive Order's key aspects are as follows:
The Secretary of the Treasury and the Secretary of Housing and Urban Development shall identify any and all available Federal funds to provide temporary financial assistance to renters and homeowners who, as a result of the financial hardships caused by COVID-19, are struggling to meet their monthly rental or mortgage obligations.
The Secretary of Housing and Urban Development shall take action, as appropriate and consistent with applicable law, to promote the ability of renters and homeowners to avoid eviction or foreclosure resulting from financial hardships caused by COVID-19. Such action may include encouraging and providing assistance to public housing authorities, affordable housing owners, landlords, and recipients of Federal grant funds in minimizing evictions and foreclosures.
In consultation with the Secretary of the Treasury, the Director of FHFA shall review all existing authorities and resources that may be used to prevent evictions and foreclosures for renters and homeowners resulting from hardships caused by COVID-19.
For any questions or assistance with a foreclosure or eviction action, please contact the Civil Trial Attorneys at Fazzio Law, we are in your corner!
Full Executive Order:
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