Biden Administration announces foreclosure moratorium, mortgage forbearance extension
WTXL
and last updated 2021-02-16 10:50:04-05
WASHINGTON, D.C. (WTXL) â The U.S. Department of Agriculture announced an extension of eviction and foreclosure moratoriums on USDA Single Family Housing Direct and Guaranteed loans through June 30, 2021.
The actions announced Tuesday will bring relief to residents in rural America who have housing loans through USDA.
âUSDA recognizes that the COVID-19 pandemic has triggered an almost unprecedented housing affordability crisis in the United States. Thatâs why USDA is taking this important action today to extend relief to the hundreds-of-thousands of individuals and families holding USDA Single Family Housing loans,â USDA Deputy Under Secretary for Rural Development Justin Maxson said. âWhile todayâs actions are an important step for them, we need to do more. The Biden Administration is working closely with Congress to
WASHINGTON, Feb. 1, 2021 In one of his first acts in office, President Joe Biden requested federal agencies to extend the eviction and foreclosure moratorium for millions of Americans impacted by the COVID-19 pandemic. In response, the U.S. Centers for Disease Control and Prevention (CDC) extended the eviction and foreclosure moratorium to affected multifamily housing residents through March 31, 2021. This halt in residential evictions allows the U.S. Department of Agriculture (USDA) to extend relief to the tens-of-thousands of Americans who rely on USDA-supported multifamily housing communities.
“USDA recognizes that the COVID-19 pandemic has triggered an almost unprecedented housing affordability crisis in the United States. That’s why USDA is taking this important action today to extend rental relief to the tens-of-thousands of individuals in USDA-supported multifamily housing communities,” said USDA Deputy Under Secretary for Rural Development Justin Maxson. “Cur
Hot FM President Joe Biden requested federal agencies to extend the eviction and foreclosure moratorium for millions of Americans impacted by the COVID-19 pandemic
In response, the U.S. Centers for Disease Control and Prevention (CDC) extended the eviction and foreclosure moratorium to affected multifamily housing residents through March 31, 2021. This halt in residential evictions allows the U.S. Department of Agriculture (USDA) to extend relief to the tens-of-thousands of Americans who rely on USDA-supported multifamily housing communities.
“USDA recognizes that the COVID-19 pandemic has triggered an almost unprecedented housing affordability crisis in the United States. That’s why USDA is taking this important action today to extend rental relief to the tens-of-thousands of individuals in USDA-supported multifamily housing communities,” said USDA Deputy Under Secretary for Rural Development Justin Maxson. “Currently, more than 40,000