ARLINGTON, VA | September 1, 2020 – Statement from NAA President & CEO Bob Pinnegar:
The National Apartment Association (NAA) and its members are deeply concerned with the U.S. Centers for Disease Control and Prevention’s order for a temporary halt in residential evictions. Without direct rental assistance, rents cannot be paid, and owners face a financial crisis of their own by not being able to maintain properties and pay their mortgages or property taxes. This action risks creating a cascade that will further harm the economy, amplify the housing affordability crisis and destroy the rental housing industry. This global housing crisis cannot be blamed on the rental housing industry, nor can the industry bear the brunt of the pandemic alone. We need balanced, reasonable solutions for all Americans.