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Eviction Moratorium and SB 91
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What you need to know about the Eviction Moratorium
The eviction moratorium, originally set to expire on January 31st was extended until June 30th, 2021. A new bill, SB 91 was passed on Jan 29th that will use $2.6 billion in federal funds to pay landlords up to 80% of rent owed by qualifying residents with COVID-19 financial hardships.
These funds are to be distributed no later than March 15th.
Tyler explains it in more detail.
#SB91 #evictionmoratorium #managementonepropertymanagement #propertymanagement #investmentproperty #landlord #tenant
The eviction moratorium, originally set to expire on January 31st was extended until June 30th, 2021. A new bill, SB 91 was passed on Jan 29th that will use $2.6 billion in federal funds to pay landlords up to 80% of rent owed by qualifying residents with COVID-19 financial hardships.
These funds are to be distributed no later than March 15th.
Tyler explains it in more detail.
#SB91 #evictionmoratorium #managementonepropertymanagement #propertymanagement #investmentproperty #landlord #tenant