NAA Response to White House Statement on Eviction Moratorium Expiration

Posted By: Michael Fazio, CAS News,

ARLINGTON, VA | July 29, 2021 – The National Apartment Association (NAA) has released the following statement from Bob Pinnegar, NAA president and CEO, in response to the White House statement on the U.S. Centers for Disease Control and Prevention’s (CDC) eviction order:

Any extension of the eviction moratorium equates to an unfunded government mandate that forces housing providers to deliver a costly service without compensation and saddles renters with insurmountable debt. Despite $73 billion in total existing rent debt, only $3 billion of the $47 billion in rental assistance has been distributed and $26 billion remains unfunded. If the Administration and Congress want to keep the meter running through another eviction moratorium, they need to fully fund existing and future rent debt and get rental assistance flowing.

Housing providers do not want people to lose their homes, such notions are contrary to the industry’s survival and simply untrue. Our nation faces an alarming housing affordability disaster on the horizon – it’s past time for the government to enact responsible and sustainable solutions that ultimately prioritize making both renters and housing providers whole.