Rep. Ilhan Omar (D-Minn.) on Thursday reintroduced a bill that would guarantee full payment forgiveness on nationwide rent and home mortgage payments throughout the coronavirus pandemic.
Currently many outstanding payments during the coronavirus are in forbearance, which are fully owed payments due in the future, according to a Breitbart report. Under Omar’s plan, titled the Rent and Mortgage Cancellation Act, such forbearance would be totally forgiven. 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.
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