Just as the eviction moratorium, which has been a thorn in the side of many multifamily owners and operators, was supposed to run out, President Biden made a last-minute bid to keep it in place.

A statement today from White House press secretary Jen Psaki said that President Biden "calls on Congress to extend the eviction moratorium to protect such vulnerable renters and their families without delay." He also "asked the U.S. Departments of Housing and Urban Development, Agriculture, and Veterans Affairs to extend their respective eviction moratoria through the end of September, which will provide continued protection for households living in federally-insured, single-family properties."

Although the CDC had previously extended the moratorium multiple times, the Supreme Court made clear in June that a further broad extension could not be done without congressional approval and authority.