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The Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, was signed into law on March 27, 2020.3 It was a $2 trillion stimulus package designed to address the widespread economic impact of the COVID-19 pandemic. The act provided financial support to businesses, state and local governments, and individuals. The CARES Act also outlined specific protections for renters who have been impacted by the COVID-19 pandemic.
Landlords who participate in any federal housing subsidy program or who received a federally insured or government-sponsored enterprise (GSE) backed mortgage were not allowed to evict tenants due to nonpayment of rent. These protections for renters expired on July 25, 2020. Congress is currently negotiating a second coronavirus relief package, but at the time of publication, it is uncertain how this legislation will assist renters facing housing uncertainty.
