Inside this issue
  VIDEO: Q&A session regarding state, national eviction moratoriums.  
  The video in the adjacent link discusses a popular issue often discussed on the Legal Information Line. The topic involves the national eviction moratorium and Nevada's state eviction moratorium. NVR Legal Information Line Attorney Christal Keegan answers some prevalent questions during this Covid era. 

Do you know how Nevada law reads on the subject? Watch this short Legal Minute video and learn all you need to know.  If you have any questions, please call the Legal Information Line at 800-748-6999. Click here to watch the video.
 

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  Register now for July Region XI Conference in suburban Denver  
 

The Colorado Association of REALTORS® and 2021 Region XI RVP Scott Mathias will host the 2021 region conference July 7-9 in Aurora, CO at the new Gaylord Rockies Resort. NAR Leadership members Leslie Smith and Leigh Brown are among the speakers scheduled for the annual event.

The conference is currently being planned as an in-person event. The Colorado Association of REALTORS® is in constant communication with governing bodies and the hotel to stay up to date on any COVID-19 related restrictions that could impact this event. Should restrictions change so that this event cannot be held in-person, communication will be sent to all registered attendees. Thank you for your patience and understanding as we navigate the complexities of holding events in 2021. Click here for more information and to register.

 

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  Repairers of the breach  
 

REALTORS® playing vital role in community efforts to acknowledge, repair damage of past


Homeownership is the largest single contributor to intergenerational wealth for American families. But it has not been accessible to all Americans on equal terms. More than a half-century after passage of the federal Fair Housing Act, there remains a 30-percentage-point homeownership gap between white and Black Americans-the same as in 1968, the year the act was adopted. Black Americans own one-tenth the wealth of white Americans, despite earning, on average, about 60% of white Americans' income.

There is a clear line from the overtly racist policies of the past to today's inequities. While the 1968 Fair Housing Act outlawed discrimination, it provided little remedy for the decades of harm that preceded it. Industry efforts are curtailing present-day discrimination, but they don't reverse the effects of historic practices that denied Blacks homeownership, destroyed Black wealth, and prevented the transfer of wealth through generations. Click here to view the full REALTOR® Magazine article.

 

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  FHFA extends mortgage forbearance for multifamily owners  
 

The Federal Housing Finance Agency announced last week that it will grant more time in forbearance to qualifying multifamily property owners. The program was set to expire at the end of the month but has now been extended until June 30.

Property owners with Fannie Mae and Freddie Mac-backed multifamily mortgages can enter new or modified forbearance if they are experiencing financial hardship due to the COVID-19 pandemic. Property owners who take part in the relief program are required to inform tenants in writing about tenant protections available during their forbearance as well as during the repayment period. They also must agree not to evict tenants for not paying rent while the property is in forbearance. Click here to read the full article.
 


 

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  NVR members invited to view March BOD meeting  
  Nevada REALTORS® is hosting its first Board of Directors meeting of 2021 on Tuesday, March 16 at 9 a.m. All association members are invited to view and attend the Zoom-hosted meeting. Please click the link below (or copy and save) to join the webinar on meeting day:
https://us02web.zoom.us/j/87103184987...
Passcode: BOD
 

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