California Apartment Association

CARES Act Federal Eviction Moratorium

On March 27, 2020, Congress enacted the Coronavirus Aid, Relief, and Economic Security Act, more commonly known as the CARES Act, a $2.2 trillion stimulus package to help with the economic fallout of the COVID-19 pandemic. One provision of that law places a temporary moratorium on eviction filings for residential properties that are financed by federally backed mortgage loans or that participate in federal affordable housing programs. This Industry Insight provides an overview of that moratorium.