<p>On Thursday, Democratic Representative Ilhan Omar of Minnesota reintroduced a bill to cancel rent and mortgage payments until 2022, citing the lingering coronavirus pandemic as reason for the piece of legislation.</p>
<p>A <a href="https://omar.house.gov/media/press-releases/rep-ilhan-omar-introduces-rent-and-mortgage-cancellation-act">press release</a> from Omar&#8217;s office said the bill would &#8220;institute a nationwide cancellation of rents and home mortgage payments through the duration of the coronavirus pandemic.&#8221; It would set up &#8220;full payment forgiveness,&#8221; and would not result in financial debt for renters or homeowners. It also states that it would not have a negative effect on the credit rating or rental history of renters and homeowners.</p>

Rep. Ilhan Omar Reintroduces Rent And Mortgage Cancellation Act

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Rep. Ilhan Omar Reintroduces Rent And Mortgage Cancellation Act