Maloney Highlights Need to Protect Renters in Next COVID Package
WASHINGTON, DC – Congresswoman Carolyn B. Maloney (D-NY), senior member of the House Financial Services, today proposed that renters be afforded protections equivalent to those for homeowners during the COVID crisis.
At today’s Financial Services Committee hearing on the Heroes Act, the Congresswoman stated “[b]oth the CARES Act and the Heroes Act provided more relief for homeowners — they get protection from foreclosures and they get the option of forbearance on their mortgage payments. Renters, on the other hand, don’t get the equivalent of forbearance on their rental payments,” during her questioning of Shaun Donovan, former Secretary, U.S. Department of Housing and Urban Development, and former Director, U.S. Office of Management and Budget.
Sec. Donovan agreed with the Congresswoman that these protections must be extended, stating:
“First, to extend the moratorium is an enormously important step. As you said, it was contained in the Heroes Act and we should certainly encourage your colleagues across the aisle to do that in the package that is currently being debated.
“Second, your point exactly highlights why we need to go beyond the moratorium and look at the types of rental assistance, eviction prevention, and other supports, especially housing vouchers, that are contained in the Heroes Act. Those are critical steps.”
The Congresswoman stated that during this crisis, we need to keep renters “in their homes, not evicted into homelessness and more turmoil.”
You can watch the Congresswoman’s exchange with Sec. Donovan below.