Banks and property Owners in California affected! Newsome passes evicton moratorium extended another 5 months Feb 2021

California Gov. Gavin Newsom has signed a five-month extension to measures aimed at preventing millions of tenants from being thrown out of housing for missing rent due to hardships caused by the coronavirus pandemic.

Newsom signed Assembly Bill 3088 into law late Monday after last-minute wrangling in the California Legislature that tried to balance the demands of both landlord and tenant advocacy groups.

“COVID-19 has impacted everyone in California – but some bear much more of the burden than others, especially tenants struggling to stitch together the monthly rent, and they deserve protection from eviction,” Newsom said in a statement. “This new law protects tenants from eviction for non-payment of rent and helps keep homeowners out of foreclosure as a result of economic hardship caused by this terrible pandemic.”

In March, Newsom issued an executive order placing a moratorium on evictions through the end of May. He twice extended the order, which California’s Judicial Council voted last month to end on Sept. 1.

www.npr.org/sections/coronavirus-live-updates/2020/09/01/908304397/california-oks-extension-of-covid-19-moratorium-on-evictions

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