Fighting the Spread of COVID-19 by Providing Assistance to Renters and Homeowners
Aug 14, 2020
Signed by: Donald Trump
Signed on: Aug 8, 2020
Published on: Aug 14, 2020
Aug 14, 2020
Signed by: Donald Trump
Signed on: Aug 8, 2020
Published on: Aug 14, 2020
Summary
Directs federal agencies to help renters and homeowners avoid losing their homes because of money problems caused by the COVID-19 pandemic.
What problem does this solve?
The COVID-19 pandemic caused many people to lose their jobs, making it hard to pay for housing and increasing the risk of homelessness. This order tells government agencies to find ways to stop evictions and foreclosures to help people stay in their homes and slow the spread of the virus.
What does this order do?
Reference
Text:
Section:
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Response to public health risks of evictions and foreclosures.
Considers halting residential evictions
Directs the Secretary of Health and Human Services and the Director of the CDC to determine if temporarily stopping evictions is necessary to prevent the spread of COVID-19 between states.
Reference
Text:
Section:
Header:
Response to public health risks of evictions and foreclosures.
Identifies funds for financial assistance
Requires the Secretary of the Treasury and the Secretary of Housing and Urban Development to find available federal money to help renters and homeowners struggling to pay their rent or mortgage.
Reference
Text:
Section:
Header:
Response to public health risks of evictions and foreclosures.
Promotes actions to avoid eviction and foreclosure
Instructs the Secretary of Housing and Urban Development to take steps to help renters and homeowners avoid losing their homes, including assisting public housing authorities and landlords.
Reference
Text:
Section:
Header:
Response to public health risks of evictions and foreclosures.
Reviews authorities to prevent evictions
Tasks the Director of the Federal Housing Finance Agency (FHFA) with reviewing all existing powers and resources that can be used to stop evictions and foreclosures caused by COVID-19 hardships.
Sets a national policy to minimize evictions
Establishes that it is the policy of the United States to limit residential evictions and foreclosures as much as possible during the COVID-19 national emergency.
Who does this affect?
- Renters facing eviction
- Homeowners facing foreclosure
- Landlords with tenants unable to pay rent
What is the real world impact?
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Reduces the spread of COVID-19
Prevents people from being evicted or foreclosed on, which could force them into crowded shelters or shared housing where the virus can spread more easily.
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Protects vulnerable groups
Aims to help minority groups, like African Americans and Latinos, who are more likely to be affected by evictions, ensuring they do not suffer long-term harm from the pandemic.
When does this start?
This executive order became effective on August 8, 2020, the date it was signed.