Forbearance for FHA-Insured, Section 202, HUD-held and Risk Share Multifamily Loans

HUD published Housing Notice 2021-03 Forbearance Relief and Associated Tenant Protections for FHA-Insured, Section 202, HUD-held, and Risk Share Multifamily Loans, which details tenant protections during Multifamily forbearance. Borrowers and owners in forbearance are subject to the following restrictions:

• For any new forbearance agreements, may not evict a tenant during the borrower’s forbearance period if the eviction is due solely to nonpayment of rent;
• May not charge any late fees, penalties or other charges to a tenant for late payment of rent;
• May not require a tenant to vacate a unit without giving the required 30-day notice to vacate solely for nonpayment of rent or other fees/charges; and,
• May not issue a notice to vacate until after the forbearance period.