Lawmakers offer sweeping relief for landlords and tenants
One plan would give the tenant 10 years to repay missed payments; a separate bill would allow homeowners to defer mortgage and auto bills for nearly a year.
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As missed rent payments and delinquent mortgages pile up statewide, Democratic lawmakers in California on Tuesday introduced a series of sweeping proposals to protect landlords, tenants and landlords from the economic fallout of the COVID-19 pandemic.
A plan put forward by Senator Toni Atkins, Democrat of San Diego and head of the state Senate, would give eligible tenants 10 years to repay missed payments directly to the state, which in turn would compensate landlords for rent. ran out with tax credits that could be sold to pay off mortgages and other bills.