COVID-19 News

In response to the mounting Coronavirus public health crisis, NH&RA launched a dedicated section of our website to keep stakeholders apprised of the evolving guidance. The webpage lists all news stories with the COVID-19 tag in the order in which they were added and stories can be filtered by state.

NH&RA is pleased announce a new created online discussion forum dedicated to helping our members navigate the COVID-19 crisis.  Members can post questions, share strategies and/or resources relevant to the rapidly evolving Coronavirus pandemic and how it impacts multifamily and affordable housing.

Federal Reserve of Philadelphia Report Estimates 1.8 Million Households Owe $11 Million in Rent

A new report on Household Rental Debt During COVID-19 from the Federal Reserve Bank of Philadelphia estimates that in March 2021, 1.8 million renter households, representing 5 million individuals, will owe $11 billion in rent—approximately $6,100 per household. That number represents 5.4 percent of all renter householders and 15 percent of those who experienced job loss due to COVID-19.

CFPB Report Says 11 Million Families Face Eviction Risk

The Consumer Financial Protection Bureau (CFPB) issued a report March 1 warning of more than 11 million families facing losing their housing due to evictions and foreclosures once federal, state and local pandemic protections come to an end unless additional public and private actions are taken.

Treasury Updates Emergency Rental Assistance FAQ

The U.S. Department of the Treasury released an updated frequently asked questions (FAQ) for the Emergency Rental Assistance (ERA) program established by the Consolidated Appropriations Act (CAA) of 2021 that incorporates many changes called for by affordable housing trade associations.

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