Fannie Mae Extends Multifamily Protections for Renters Indefinitely prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
The Food Aid Programme, driven by the Cultural Economy Development Agency (Cendana), aims to help 1, 500 artists and cultural workers across the nation. Photo: Cendana
With the extension of Phase One of movement control under the National Recovery Plan to curb the spread of Covid-19, the cultural and creative sectors will continue to remain shut.
The ongoing closure of performing arts spaces and the suspension of cultural events - which began in the Klang Valley on May 7 before the implementation of total nationwide lockdown on June 1 - has left the arts scene nationwide verging on Covid-induced collapse.
The immediate measures now are to get food aid to arts communities and individuals who are negatively impacted by the pandemic and the various lockdowns.
Maxis offers excellent connectivity during FMCO thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
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WASHINGTON, June 3, 2021 /PRNewswire/ To continue to support renters in multifamily units and Fannie Mae-financed multifamily property owners experiencing financial difficulties as COVID-19 persists, Fannie Mae (OTCQB: FNMA) today announced the extension of its multifamily COVID-19 forbearance program through September 30, 2021. The program, which requires landlords to suspend all evictions for renters unable to pay rent during the forbearance period, was formerly set to expire on June 30, 2021.
For any Fannie Mae-financed multifamily properties with a new or modified forbearance plan as the result of a financial hardship due to COVID-19, the property owner must inform tenants in writing about tenant protections available during the property owner s forbearance and repayment periods. In addition, the borrower is required to provide tenant protections, which include:
(BPT) - Millions of people still find themselves confronting financial hardship and uncertainty due to the COVID-19 pandemic. For those finding it challenging to keep up with timely rental payments, resources and relief options are available including financial counseling, help communicating with landlords, state and local tenant protections, and even emergency rental assistance.
To help renters navigate these resources, Fannie Mae â a leading provider of home loan and multifamily housing financing â provides real-time information at KnowYourOptions.com.
âWe want to ensure anyone struggling to pay their rent understands their options,â said Michele Evans, Executive Vice President and Head of Multifamily, Fannie Mae. âA number of protections are in place for renters, and financial support is available.â