APARTMENT ADVOCATE
NATIONAL APARTMENT ASSOCIATION
CDC Extends Nationwide Eviction Moratorium With Modifications
On March 29 , the U . S . Centers for Disease Control and Prevention ( CDC ) extended its federal eviction moratorium order through June 30 , 2021 . The announcement included some modifications , while the core elements of the order remain in effect . The extension takes effect April 1 , and updated FAQs detailing the modifications to the order are expected in the days ahead . Be on the lookout for additional outreach to National Apartment Association ( NAA ) affiliates and members ; we will update our member guidance accordingly .
The existing eviction order applies to virtually all rental housing providers and prohibits actions to remove covered renters from their housing during the moratorium period , so long as the renter provides the required documentation
Explaining the Breakdown of One Dollar of Rent
There exists a misconception that rental housing owners enjoy large margins and can continue operating in the absence of rent payments , and with so much discussion around rents during COVID-19 , the National Apartment Association ( NAA ) has released resources that help explain the breakdown of $ 1 of rent .
Because education is an effective way to counter harmful public policy and negative industry stereotypes , NAA has created an explanatory video and companion infographic breaking down a dollar of rent into its component parts . Check it out at www . aamdhq . org / news or scan the QR code on the right .
The apartment industry must help society understand the benefits of rent payments for all Americans , whether or not they reside in rental housing .
From supporting 17.5 million jobs to the dollars reinvested into apartment communities to ensure quality living for more than 40 million residents , and through paying property taxes that finance schools , emergency services and other local needs to investor returns that include public pensions and 401 ( k ) s , a rent payment is much more important than one might otherwise realize .
www . aamdhq . org APRIL 2021 TRENDS | 37