Update: No Construction Allowed During “Stay at Home” Order
From the plain language in Governor Inslee’s “Stay at Home” proclamation, it seemed like residential construction was exempted, and that residential construction — building housing — is essential and could continue. That’s what we posted earlier, and it’s what the Seattle Times reported. Inslee’s order contained a wide-ranging exemption for construction of health-care facilities, transportation […]
Updated:Mortgage Relief for Some Multifamily Housing Providers
The Federal Housing Finance Agency (FHFA) ordered Fannie Mae and Freddie Mac not to foreclose on borrowers if they suspend evictions for 60 days. Here’s the text of the order (here’s a link to the FHFA site): To keep renters in multifamily properties in their home and to support multifamily property owners during the coronavirus […]
A Rent Strike is Like Looting
This is what happens when people try to bargain with people who have bad faith. The eviction ban was always about grabbing power. It has now encouraged people to actively not pay rent to make a point. You can check out a new website encouraging people to not pay rent but you can also read […]