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Florida Housing Finance Corporation Urges Property Owners to Suspend Rent Increases During COVID-19 Pandemic

Published on April 20, 2020 by Florida Housing Finance Corporation
Florida Housing Finance Corporation Urges Property Owners to Suspend Rent Increases During COVID-19 Pandemic

TALLAHASSEE, FL – Today, Trey Price, the Executive Director of the Florida Housing Finance Corporation (Florida Housing), strongly urged property owners and managers of properties funded by Florida Housing to suspend rent increases during the COVID-19 pandemic.

“As Floridians grapple with the COVID-19 public health emergency, the last thing they need is for landlords to increase rental payments,” said Trey Price, Executive Director of Florida Housing Finance Corporation. “Florida Housing stands with Florida families by urging no rent increases and ensuring Floridians have access to affordable and safe housing during these uncertain times together. Those who choose to implement rent increases that impact residents during this global pandemic could result in consequences for future funding opportunities with Florida Housing.”

The Department of Housing and Urban Development (HUD) unveiled 2020 rent and income limits in March, and are posted on Florida Housing’s website.

For more information about Florida Housing Finance Corporation’s programs, please visit www.floridahousing.org.