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Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) announced
that tenants of multifamily properties with mortgages backed by Fannie Mae or Freddie
Mac (the Enterprises) who are subject to eviction for nonpayment of rent must
be given 30 days’ notice to vacate before the tenant can be required to leave the
unit. This requirement applies to all Enterprise-backed multifamily properties,
regardless of whether the loan is in forbearance.
FHFA is working closely with the Enterprises to communicate
the 30-day notice requirement to landlords of and tenants living in
The Centers for Disease Control and Prevention’s (CDC)
eviction moratorium expires on July 31, 2021.
“Many families across the country, particularly
renters, are still struggling financially due to the COVID-19 pandemic. It is
important to clearly communicate available protections to both landlords and
tenants,” said Acting Director Sandra L. Thompson. “FHFA wants to ensure
tenants in Enterprise-backed multifamily properties know their right to receive
at least 30-days of notice before they are required to vacate their rental
On June 24, 2021, the White
House published a Fact
Sheet outlining various federal initiatives to promote housing
stability by supporting vulnerable tenants and preventing foreclosures. FHFA’s
website also has a Fact
Sheet on tenant protections for Enterprise-backed properties in response
In addition, Emergency
Rental Assistance funds made available by federal legislation are available to
tenants who are behind on rent or continuing to experience hardship due to the
COVID-19 pandemic. Tenants can learn more about Emergency Rental Assistance
programs by visiting the Consumer Financial Protection Bureau’s online Rental
For more information on
options available to assist homeowners and renters impacted by COVID-19 visit FHFA.gov
The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac and the 11 Federal Home Loan Banks. These government-sponsored enterprises provide more than $7.2 trillion in funding for the U.S. mortgage markets and financial institutions. Additional information is available at www.FHFA.gov, on Twitter, @FHFA, YouTube, Facebook, and LinkedIn.
Media: Raffi Williams Raffi.Williams@FHFA.gov / Adam Russell Adam.Russell@FHFA.gov
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