TIME IS RUNNING OUT TO CLAIM COVID EVICTION LOSSES Landlords across the country bore an additional burden during the pandemic. While the CDC protected tenants from eviction with a nationwide moratorium, property owners were forced to bear the costs. Many still have not been repaid. There is a
legal path to compensation, but time is almost up. THE CDC EVICTION MORATORIUM: WHAT HAPPENED
In September 2020, the CDC issued an emergency order stopping landlords from evicting tenants who claimed financial hardship from COVID-19. This order remained in place until October 2021. The eviction moratorium was designed to slow the spread of COVID-19. But it came at a high
cost to landlords. Property owners were forced to house non-paying tenants for more than a year while also paying mortgages, taxes, insurance, and maintenance. Some landlords managed to hang on. Others lost properties, racked up debt, or suffered serious financial setbacks they’ve never recovered from.
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