As the first of the month approaches, renters across California whose jobs and livelihoods have been curtailed or completely shut down due to COVID-19 are struggling to figure out how to pay their rent, and likewise many landlords across the state are wondering how they’ll pay the mortgage on their building.
Last week, Governor Gavin Newsom stopped short of ordering a statewide eviction ban, instead issuing an executive order which permits cities and counties to implement their own eviction bans if they so choose. Cities including Los Angeles, Long Beach, San Francisco, San Diego and San Jose have all issued their own moratoriums on evictions of people who can’t pay their rent due to the coronavirus outbreak.. The California Apartment Association issued its own guidelines for landlords, which included freezing rent payments, requiring no increases be issued, and banning evictions of people suffering from COVID-19, barring extraordinary circumstances. And at the federal level, the Federal Housing Finance Agency said Monday that landlords with mortgages backed by Fannie Mae or Freddie Mac could avoid foreclosure so long as they did not evict tenants during the shutdowns caused by the outbreak.
If you’re an owner or manager of an apartment building or multi-family housing unit, or someone who rents a unit in one, we’ll be taking your questions about landlords’ and tenants’ rights during the coronavirus pandemic. Join the live conversation by calling us at 866-893-5722.
Fred Sutton, senior vice president of public affairs for the Los Angeles office of the California Apartment Association, a statewide trade group representing owners, investors, developers, managers and suppliers of rental homes and apartment communities in California