Homeowners and Renters
Recently, Governor Gavin Newsom announced an Executive Order banning the enforcement of eviction orders for renters affected by COVID-19 through May 31, 2020. This action builds on a previous order that authorizes local governments to halt evictions, slow foreclosures, and protect Californians against utility shut-offs.
The Federal Housing Finance Agency (FHFA) announced that it is suspending foreclosures for homeowners and prohibiting evictions of renters living in homes with mortgages backed by Fannie Mae or Freddie Mac for at least 60 days. For more information, see the FHFA website.
The Department of Housing and Urban Development (HUD) is also halting foreclosures for homeowners with mortgages under the Federal Housing Administration (FHA) for 60 days. In addition, evictions are suspended for renters living in single-family properties with FHA-insured mortgages. For more information, refer to the HUD letter found here.
Governor Newsom has also authorized $150 million in funding to protect homeless Californians from COVID-19.