Public Announcements

 

Reminder: Ask Congress for Relief for Renters & Housing Providers from COVID-19

 

We hope that you and your family members are staying safe and healthy. As you know, much of the world has been turned upside down – including many of us in the real estate property management industry.

Congress recently enacted the “Coronavirus Aid, and Economic Security Act” (CARES Act), the largest relief package in our country’s history. Prior to its passage, IREM members sent thousands of messages to members of Congress voicing our concerns. Thanks to your efforts, the industry was able to secure several provisions aiding property managers and their residents affected by COVID-19. However, additional relief measures are needed to address remaining concerns.

  • Creating an emergency rental assistance program for those who are impacted by the pandemic
  • Further guidance on the CARES Act eviction moratorium to safeguard owners’ ability to manage their properties
  • Increased access to mortgage forbearance and ensuring fairness and flexibility
  • Provide financial assistance for property-level financial obligations such as property taxes or insurance payments and extend credit to multifamily mortgage servicers
  • Expand the Small Business Administration’s Paycheck Protection Program to include all multifamily businesses

Contact your Members of Congress

IREM is undertaking this effort as part of a broad coalition of real estate providers representing the entire industry. If all of us make our voices heard, we can secure the relief that is desperately needed. For more information, visit the IREM coronavirus resource center.

Thank you for your hard work and dedication! It is because of you that our advocacy efforts are successful.