“Following suit with a recent NMHC industry principles effort, the extension announcement has been paired with a number of eviction mitigation measures intended to keep renters stably housed,” he said. “NMHC looks forward to working with policymakers to implement workable solutions for both renters and housing providers.”
NMHC offered assurances that it will remain committed to advocating for the timely disbursement of the $46 billion ERAP.
Read more: NMHC asks firms to help renters as eviction ban deadline looms
“Importantly, we will work to ensure eviction mitigation efforts are practical and economically viable while making certain that rental assistance funds remain focused on direct payments to those in need. And although this transition away from unstainable moratoriums is a step in the right direction in terms of ensuring the long-term health of the apartment industry and our renters, NMHC’s advocacy work is not yet done,” Bibby said.