Four reasons why landlords should take advantage of federal rental assistance
If you’re a landlord, you might depend on rental income to cover your own housing costs. This means that if your tenants had trouble paying their rent during the coronavirus pandemic, it could affect your financial well-being too.
As you may know, the CDC issued a new eviction moratorium to temporarily halt evictions in counties where COVID-19 is spreading rapidly. But many landlords still do not know that they can apply to a federal program supporting landlords and renters during this difficult time.
The federal emergency rental assistance program can help you recover lost rental income. State and local rental assistance programs are distributing billions of dollars in federal COVID-19 housing assistance. This means they’re making direct payments to landlords and other housing or utility providers in their own communities.