National Update – Coronavirus Relief Bill Becomes Law
Last night, President Trump signed the Consolidated Appropriations Act of 2021 into law.
The new law includes $25 billion in emergency rental assistance ($1.9 billion for the state of Texas). It also includes a one-month extension of the CDC eviction moratorium (through January 31, 2021).
As rental assistance funding is distributed to North Texas, AAGD will keep you updated on the specifics and any requirements for owners/managers of rental property.
In the meantime, we encourage you to review the following resources from the National Apartment Association. These resources include key information for rental property owners/managers and the impact this new law may have on our industry.
Please contact AAGD Government Affairs at (972) 739-9505 or firstname.lastname@example.org with any questions.
- Executive Summary for rental housing operators
- Full summary of the law
- Important tax provisions for rental housing operators
- Funding provisions of the law
Read More Information On The Consolidated Appropriations Act of 2021 Here.