What's Hot: The Most Expensive Home In Chevy Chase Will Hit The Market For Just South Of $10 Million
A Small Landlords Trade Group Calls for Emergency Rental Assistance in DC
✉️ Want to forward this article? Click here.
One month after the Small Multifamily Owners Association (SMOA) launched in DC, the trade group is launching a campaign for emergency rental assistance.
Although DC has implemented an eviction moratorium that covers the duration of the public health emergency, the lack of rent cancellation and mounting unemployment indicate that the expiration of the moratorium will trigger a wave of proceedings. This week, SMOA sent a letter to Mayor Muriel Bowser and the DC Council advocating for an "Emergency Eviction Diversion Program" (EEDP).
Because SMOA represents owners of rental properties with four to 50 units, the organization is asking that these properties be excluded from requirements to permit payment plans with tenants. The EEDP would serve as an alternative means of rent collection and eviction prevention among landlords and tenants in these properties.
"Both landlords and tenants face uncertainty and pressure from unpaid bills and the threat of costly and timely litigation," the letter reads, requesting removal of a provision that applicants for Emergency Rental Assistance Program funds must receive an eviction notice. "Thousands of DC residents could be evicted before they ever get an appointment for emergency assistance."
In addition to ERAP, DC has deployed multiple rental assistance programs during the public health emergency. However, each program has a maximum household income for eligibility, up to 125% of area median income (AMI). There is also a program specific to residents of buildings with 50 or fewer units with incomes up to 60% of AMI.
The current state of emergency has been extended through October 9th. A recent Brookings Institution study estimated that one month of rental assistance to prevent evictions in DC would cost the city $5.2 million.
See other articles related to: eviction moratorium, evictions, landlords, rent relief, small property owners, state of emergency
This article originally published at https://dc.urbanturf.com/articles/blog/dcs-small-landlords-trade-group-calls-for-emergency-rental-assistance/17100.
Most Popular... This Week • Last 30 Days • Ever
If the home ultimately sells for around that list price, it would set a record as the... read »
When purchasing a home, it's crucial to conduct a thorough inspection to determine th... read »
The federal government could be shut down by the end of today, and that shutdown coul... read »
The multi-faceted project will include restaurant, bar, fitness and event spaces.... read »
Right on the heels of a $29 million home along Foxhall Road going under contract to T... read »
- Fox News Bret Baier's $29 Million DC Home Finds A Buyer
- A Home Inspection Primer For New Home Buyers
- How a Government Shutdown Could Affect Home Loans
- Union Market Lite? New Food Hall And Event Space Planned For H Street Corridor
- The Trump Effect Continues: $10 Million Georgetown Condo Goes Under Contract
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro