At the beginning of the COVID-19 pandemic, the federal government, along with various states, counties and municipalities, enacted legislation and rules regarding residential evictions. Within the first week of May alone, the laws on eviction moratoriums have been upended in many different directions, and the current status of these laws is unclear at best.
To read the full text of this Duane Morris Alert, please visit the firm website.
On August 28, 2020, the Federal Housing Administration (FHA) announced the 3rd extension of its foreclosure and eviction moratorium through December 31, 2020, for homeowners with FHA-insured single family mortgages covered under the Coronavirus Relief and Economic Security (CARES) Act.
This extension provides an additional 4 months of housing security to homeowners. With this third extension, the FHA has now provided more than nine months of foreclosure and eviction relief to FHA-insured homeowners.
To read the full text of this post by Duane Morris partner Brad Molotsky, please visit the Duane Morris Project Development/Infrastructure/P3 Blog.
As of July 31, 2020, Philadelphia City officials have extended the City’sresidential eviction moratorium in Philadelphia until March 15, 2021.
To read the full text of this post by Duane Morris partner Brad Molotsky, please visit the Duane Morris Project Development/Infrastructure/P3 Blog.
