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.
###
About NAA
The National Apartment Association (NAA) serves as the leading voice and preeminent resource through advocacy, education, and collaboration on behalf of the rental housing industry. As a federation of 149 state and local affiliates, NAA encompasses over 93,000 members representing more than 10.5 million apartment homes globally. NAA believes that rental housing is a valuable partner in every community that emphasizes integrity, accountability, collaboration, community responsibility, inclusivity and innovation. To learn more, visit www.naahq.org.