DCAR advocates for extension of foreclosure moratorium

The most recent foreclosure moratorium for owner-occupied homes expired on Jan. 5, 2022, and the District is in the process of receiving $50 million in federal aid to assist low- and moderate-income homeowners who are having trouble making payments due to the pandemic. However, the program to disburse these funds has not yet been finalized by the District’s Office of Finance and Treasury.

DCAR advocated for the extension of the foreclosure moratorium, as we believe it will stave off an immediate housing emergency. We will provide additional information as it becomes available.