NAA Represents Industry in Response to Eviction Moratorium Extension
Leading mainstream media turned to NAA to understand how eviction moratoria harm the rental housing industry.
On June 24, 2021, the U.S. Centers for Disease Control and Prevention (CDC) announced a one-month extension of their federal eviction moratorium, leaving the order scheduled to now expire on July 31. The extended moratorium retains the core elements of the original order as well as the modifications added in the March extension. In their release, the CDC also noted that this is intended to be the last extension of the order.
In responding to the announcement, NAA consistently reiterated the detrimental effects that eviction moratoria have on the rental housing industry for both renters and housing providers alike. “Flawed eviction moratoriums leave renters with insurmountable debt and housing providers holding the bag,” said Bob Pinnegar, NAA president and CEO, in a statement released to the press. Further, NAA underscored that each extension of the eviction order further jeopardizes the ability of owners to provide safe, sustainable and affordable housing – pushing our nation’s housing affordability crisis into a housing affordability disaster.
In addition to robust advocacy and legal efforts, NAA will continue to be the industry’s voice in discussing ongoing challenges in the wake of the pandemic as well as the steadfast efforts of the association to support our members and deliver relief.
The New York Times: The C.D.C. grants a one-month extension of the national moratorium on evictions
“The mounting housing affordability crisis is quickly becoming a housing affordability disaster fueled by flawed eviction moratoriums, which leave renters with insurmountable debt and housing providers holding the bag,” said Bob Pinnegar, president of the National Apartment Association, a trade group representing owners of large residential buildings.
CNBC: 'The eviction moratorium is killing small landlords,' says one
“Each passing month further escalates the risk of losing an ever-increasing amount of rental housing, ultimately jeopardizing the availability of safe, sustainable and affordable housing for all Americans,” wrote Bob Pinnegar, CEO of the National Apartment Association, in a release.
CNN Business: Biden administration expected to extend the eviction moratorium through July
"If tenants are back to work and have cash flow again, that may set them up to pay rent in the future, but you still need the relief to pay the arrears," said [Greg] Brown, [senior vice president of government affairs for the National Apartment Association]. "The people who feel this the most are the small owners. Their income is the rental properties they have. They are the folks who are taking the most pain and suffering from the brunt of this experience. That's why we need this assistance."
Associated Press: Calls for extension of eviction ban as new deadline looms
“With each passing month, we are at risk of losing an ever-increasing amount of rental housing – jeopardizing the availability of safe, sustainable and affordable housing for all Americans,” Bob Pinnegar, the president and CEO of the National Apartment Association, said in an email interview. “The mounting housing affordability crisis is quickly becoming a housing affordability disaster fueled by flawed eviction moratoriums, which leave renters with insurmountable debt and housing providers holding the bag.”
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