According to Market Watch and other reports, the Centers for Disease Control and Prevention order regarding temporary eviction moratorium through the end of the year, due to the COVID-19 pandemic has the same mixed reaction from tenants and landlords.
The CDC’s moratorium will apply to all rental units nationwide until Dec. 31 and goes into effect immediately, senior administration officials said of an unpublished CDC agency order. Treasury Secretary Steven Mnuchin told a U.S. House of Representatives panel Tuesday that the moratorium would cover around 40 million renters.
A previous federal eviction moratorium created by the CARES Act ended in late July and only applied to federally-funded housing, including rental units with mortgages backed by Fannie Mae FNMA and Freddie Mac FMCC . The moratorium will apply to any state in which there is not already a more protective ban in effect, according to the order. Multiple states have eviction moratoriums in place, including California, which established new rules in a late-night vote Monday.
Renters will be eligible for the moratorium’s protection if they received an economic impact payment, or stimulus check, as provided for by the CARES Act. Therefore, single renters must earn no more than $99,000 a year, while couples filing jointly can earn up to $198,000 annually.
https://www.google.com/amp/s/www.marketwatch.com/amp/story/cdc-issues-nationwide-eviction-ban-through-the-end-of-the-year-in-an-effort-to-control-coronavirus-2020-09-01
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