HUD Publishes New COVID-19 Online Resources

The Coronavirus Aid, Relief, and Economic Security (CARES) Act, puts in place protections for homeowners with mortgages that are federally or Government Sponsored Enterprise (GSE) backed or funded (by FHA, VA, USDA, Fannie Mae, or Freddie Mac).  

Thanks to HUD for providing a new web site with updated information about available mortgage and housing assistance during the Coronavirus national emergency. 

https://www.consumerfinance.gov/coronavirus/mortgage-and-housing-assistance/ 

Property managers should review information on the site for renters.

https://www.consumerfinance.gov/coronavirus/mortgage-and-housing-assistance/renter-protections/. 

HUD breaks down guidance for Multifamily Housing, Public and Indian Housing (PHA), Fannie Mae and Freddie Mac backed properties, and USDA backed properties. 

Of note:

• HUD has updated the brochure for residents entitled Addressing Tenant Concerns During The COVID-19 National Emergency. Some of the addresses were corrected.
• HUD has published a new page with Questions and Answers for both owner/agents and residents of Multifamily Housing programs. Topics include:
• Properties applicable to the CARES Act
• Resident health and access to property
• Income recertifications
• Property inspections and maintenance 

We continue to update our own RBD COVID-19 web page to help you address changes to the certification process during the COVID-19 pandemic.

We hope to help make your job a little easier. Please contact us if you have any questions or suggestions for additional resources.

We hope you and yours are healthy, safe and happy.