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There’s been a lot of talk about rent moratoriums and eviction bans for struggling tenants, but what happens when landlords can’t pay mortgages and other expenses for those very same rentals? There’s been a growing chorus of questions and lobbying efforts in regard to relief for property owners, and some big announcements about forbearance options that apply to landlords in both the single-family and multi-family realm.

 

It’s now critical that people are able to “shelter in place” to help stop the spread of the virus. Many local governments have issued orders to stay at home, except for essential needs that include jobs that are also considered essential. While some people are going to work and returning to the safety of their homes, many more are laid off and sheltering in place 24/7.