Renton, Washington – Washington Multi-Family Housing Association’s (WMFHA) found 89.46 percent of statewide apartment homes made a full or partial payment by April 13, 2020. The data was collected from the association’s 267,000 professionally managed homes in the state. This is... Continue Reading
Advocacy News
Policy Issues and Legal Topics Affecting Multifamily Housing
Find the latest summaries and policy updates for all multifamily housing regulations and policies.
The economic impacts of the coronavirus are placing new challenges on both residents and housing providers who must work together to find solutions during this difficult time. Now more than ever, we need to do everything we can to help people remain in their homes while we ensure that our... Continue Reading
Dear WMFHA members,I write to update you on Washington's statewide eviction moratorium. I ask that you share your story with me about how the eviction moratorium is affecting the ability to properly manage your community. As you know, on March 18, Governor Inslee issued Proclamation 20-19 which... Continue Reading
Economic Injurty and Disaster Loans (EIDLs). As Monument notes, the CARES Act temporarily expands eligibility for SBA Economic Injury Disaster Loans. What they are: An emergency loan program for federal disasters, including COVID-19. This program offers up to $2 million in assistance for fixed... Continue Reading
Dear WMFHA member,Over the past week, we've been working with our partners in the real estate industry to confirm with the state that residential property management services are considered Essential Critical Infrastructure Workers. I can report that residential property management services are... Continue Reading
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Housing providers are doing everything they can, but a long-term solution is needed to address housing during COVID-19 and beyond. COVID-19 represents a complete shock to Washington’s vital systems, infrastructure, and institutions. The virus is testing our world-class healthcare workers,... Continue Reading
Assistance for Small Businesses Across the United States, multifamily communities are grappling with the COVID-19 outbreak. Social distancing is being put into place, as well as regular deep cleaning of community spaces and changes to daily operations. With April 1 around the corner, many... Continue Reading
Dear valued members,The Federal Housing Finance Agency (FHFA) yesterday announced that Fannie Mae and Freddie Mac, the Enterprises will offer mortgage forbearance for multifamily property owners, under the condition that they suspend all evictions for renters who are unable to pay rent because of... Continue Reading
Dear WMFHA members,Today, Governor Inslee announced a shelter-in-place order called Stay Home, Stay Healthy. It goes into effect on Wednesday, March 25 at 5:30 pm. The order does the following: Requires every Washingtonian to stay home unless they need to pursue an essential activity. Bans all... Continue Reading
Last night, California Gov. Gavin Newsom signed Executive Order N-33-20 mandating all individuals living in California to stay home or at their place of residence to protect public health, exempting certain essential services. This is one example of a policy that could be adopted in our state as... Continue Reading