Northam announces new housing resources and eviction protections
On Tuesday, Gov. Northam shared new resources to protect Virginians from eviction and support individuals who have lost their job or income due to COVID-19.
StayHomeVirginia.com is a new website to help Virginians navigate housing programs, services and resources. The website offers guidance on working with landlords, financial institutions and other organizations to use eviction and foreclosure protections during this health crisis.
The Virginia Housing Development Authority (VHDA) has also committed $12 million to help nonprofit housing organizations continue operations and deliver services during the COVID-19 emergency and recovery. The Northam administration has also worked with the VHDA to provide a three-month mortgage deferral for those experiencing economic hardship.
Northam also signed House Bill 1420, which caps late fees at 10 percent of the periodic rent or 10 percent of the remaining balance due, whichever is lesser. This new law will help prevent cascading late fees, allow charges only on the amount due and set a maximum late fee percentage for the first time in Virginia.
In addition, the governor signed House Bill 340, which delays rental evictions or mortgage foreclosures for individuals who are not currently covered under the protections offered through the federal CARES Act or state and local protections.
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