Yesterday afternoon US Congressman French Hill joined Arkansas Secretary of Commerce Mike Preston for a town hall discussion held live on Facebook with central Arkansans. Participants were able to ask questions in real time. Highlights include information regarding the federal tax rebate eligibility, benefits available to the suddenly unemployed, interest and repayment of federal student loans, and relief for homeowners and renters.
The CARES Act provides a reprieve until July 25, 2020 from eviction for renters residing in properties with federally backed mortgage loans. Renters affected by the Covid-19 public health and economic crisis living in multifamily properties financed by federally backed mortgages are eligible for relief from eviction if their landlord receives loan forbearance.
Flake & Kelley is currently assisting clients, landlords, and tenants to determine eligibility and complete necessary applications. If you would like to speak to one of our agents or property managers, please contact us.