arrow_back Back to App

COVID-19 Rent and Mortgage Payment Suspension and Forgiveness Act

This bill aims to suspend rent and mortgage payments during the COVID-19 emergency and forgive accrued debts from this period. It also establishes relief funds for landlords and lenders to compensate for lost income, and an affordable housing acquisition fund.
Key points
Suspends residential rent and mortgage payments until April 1, 2022, without fines, fees, or negative credit score impact.
Forgives all residential rent and mortgage debt accrued from March 13, 2020, through April 1, 2022, with no credit score impact.
Establishes Landlord and Lender Relief Funds to reimburse for suspended/forgiven payments, with conditions like rent freezes and anti-discrimination rules.
Creates an Affordable Housing Acquisition Fund to help eligible entities purchase multifamily housing for affordable use.
Allows individuals to take legal action against lessors or mortgagees who violate these rights, with potential damages and fines.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_1847
Sponsor: Rep. Omar, Ilhan [D-MN-5]
Process start date: 2021-03-11
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Rent and Mortgage Cancellation Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_1847.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-03-11.

What are the main provisions?

Key points include:

  • Suspends residential rent and mortgage payments until April 1, 2022, without fines, fees, or negative credit score impact.
  • Forgives all residential rent and mortgage debt accrued from March 13, 2020, through April 1, 2022, with no credit score impact.
  • Establishes Landlord and Lender Relief Funds to reimburse for suspended/forgiven payments, with conditions like rent freezes and anti-discrimination rules.
  • Creates an Affordable Housing Acquisition Fund to help eligible entities purchase multifamily housing for affordable use.
  • Allows individuals to take legal action against lessors or mortgagees who violate these rights, with potential damages and fines.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Omar, Ilhan [D-MN-5].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

CATEGORIES

Real Estate Benefits Economy