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Podcast: Property Management Brainstorm
Episode: Five Minute Friday #51: Extension of California's Eviction Moratorium Through June 30, 2021
Description: On January 28, 2021, California Governor Gavin Newsom extended the state's eviction moratorium through June 30, 2021, by signing legistlation enacting the new SB 91.ย In this FMF, Bob Preston does his best to review key elements of SB 91 which combines with the previously passes AB 3088 to provide tenants with rent cap and eviction protections.ย Pauses evictions for tenants with an inability to pay all or part of rent due to COVID-19 financial distress.Establishes a State Rental Assistance Program, allocating $2.6 billion in federal rental assistance to be received by California.The program will aid tenants most at risk with unpaid re...