New NMHC survey shows property owners remain focused on supporting renters

A new National Multifamily Housing Council (NMHC) survey of apartment owners and managers shows that 100 percent of multifamily firms surveyed worked with residents facing financial hardships since the onset of the COVID-19 crisis. The new data come as the $4 trillion of economic relief (including nearly $47 billion in rental assistance) has stabilized the rental market, allowing the federal eviction moratorium to end on July 31.

“At the onset of the pandemic, we issued a call to our industry to halt evictions, create payment plans and work with residents as they faced this unprecedented hardship. The new data demonstrate how both the multifamily industry and residents alike made monumental sacrifices to meet their obligations during this crisis,” said NMHC president Doug Bibby. “As we transition away from these emergency pandemic orders, we ask apartment firms to continue their efforts to work with residents during this wind-down period.”

The full survey resul