What's Hot: Apartments, Amphitheaters and Dave Chapelle: The Revised Proposals For DC's Reeves Center
FHFA Now Requires Multifamily Owners with Mortgage Forbearance To Notify Tenants
While the Federal Housing Finance Agency (FHFA) has been offering multifamily property owners with federally-backed mortgages conditional forbearance since March, now the provision includes more accountability.
FHFA announced last week that owners of multifamily buildings who take advantage of forbearance must notify their tenants, in writing, of the forbearance and of the tenant protections extended as a result of that forbearance. The federal mortgage forbearance requires an eviction moratorium (for rent nonpayment), as well as waived late fees and acceptance of repayment over time.
The multifamily forbearance-for-eviction moratorium covers up to one in four rental units nationwide; lookup tools to determine whether your rental unit is covered by a federally-backed mortgage are available here.
Thumbnail image by Ted Eytan.
See other articles related to: eviction moratorium, fannie mae, fhfa, freddie mac, mortgage forbearance
This article originally published at https://dc.urbanturf.com/articles/blog/fhfa-now-requires-multifamily-owners-with-mortgage-forbearance-notify-tenan/17176.
Most Popular... This Week • Last 30 Days • Ever

Dupont Circle’s Swann House, a former 15-bedroom bed and breakfast, will be listed ... read »

There are two new proposals to redevelop the center at 14th and U Streets NW that are... read »

A recent build in Anacostia made history as the first code-compliant bamboo building ... read »

The recently-filed amendment would help move redevelopment of a police and fire stati... read »

Even as the residential development pipeline along 14th Street dwindles, there are st... read »
- One of Dupont Circle's Oldest Mansions to Hit the Market
- Apartments, Amphitheaters, and Dave Chapelle: The Revised Proposals For DC's Reeves Center
- The Week's Find: The Grass House in Anacostia
- Map Amendment Could Pave Way For Big U Street Redevelopment
- The 560 Units in Development Along 14th Street
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. Visit guides.urbanturf.com or 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