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Omar reintroduces bill seeking to cancel rent, mortgage payments during pandemic

Rep. Ilhan Omar (D-Minn.) on Thursday introduced for the second time a bill that would guarantee full payment forgiveness on rent and home mortgage payments throughout the coronavirus pandemic.

Under the bill, titled the Rent and Mortgage Cancellation Act, there would be no accumulation of debt for renters or homeowners, as well as no negative impact on a person’s credit rating or rental history.

The legislation also calls on the Department of Housing and Urban Development to establish and oversee a “Landlord Relief Fund,” to cover any losses landlords would receive as a result of the payment cancellations.

Omar under the legislation also hopes to increase the availability of affordable housing by creating an optional buyout to enable the purchase of private rental properties by non-profits, public housing authorities, cooperatives, community land trusts, and states or local governments.

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4 thoughts on “Omar reintroduces bill seeking to cancel rent, mortgage payments during pandemic”

  1. At least we know what district to target first. These pockets of subversive traitors who elected these commies is where we need to focus on. It might not appear so but these marxist are way outnumbered nation wide Contrary to what the media woukd lead you to believe!!

  2. You are welcome to assume and cancel my debt at any point you wish. just deposit to my account as has been donE by IRS PAYMENTS.

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