To date, the multifamily industry has received little assistance from Washington, DC, even as 30 million people have been thrown into unemployment over the last six weeks. While the majority of renters paid their April rents, it is widely believed that fewer will be able to meet their monthly rent obligation for May.
A bill that will be introduced in the Senate could provide relief to both tenants and their landlords.
Read more...Senator to Introduce $100B Emergency Rental Assistance Bill via GlobeSt
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