FEWER
FEWER PEOPLE WHO GET SICK. >> OKAY. LET'S GET TO THE FIRST QUESTION
COMING IN. DID I HEAR RIGHT
THAT THE CITY IS TEMPORARILY
BANNING EVICTIONS?
WHAT IS THE STATUS ON ALL OF
THAT?
>> WE ARE NOT BANNING
INFECTIONS BUT WE ARE SEVERELY
LIMITING EVICTIONS.
ONE SAYS A RESIDENTIAL TENANT
CANNOT BE ELECTED IF THEY
CANNOT PAY THEIR RENT BECAUSE
OF THE CORONAVIRUS.
THEY HAVE TO EVENTUALLY PAY
RENT WITH FOUR MONTHS AFTER THE
STATE OF EMERGENCY IS LIFTED .
THEY CANNOT BE AFFECTED DURING
THIS CRISIS, WHICH IS
ABSOLUTELY THE RIGHT THING TO DO
. A WEEK LATER WE PASSED THE
SAME ORDINANCE APPLIED TO
COMMERCIAL TENANTS WHO CANNOT
PAY THEIR RENT. THE QUESTION
HAS ARISEN WHAT ABOUT THE
OWNERS.
HOW ARE THEY GOING TO SURVIVE?
SO THE GOVERNOR I TALKED TO A
NUMBER OF THE LOCAL BANKS. THEY
TOLD ME THAT THEY WOULD NOT
FORECLOSE ON OWNERS WHO ARE NOT
ABLE TO PAY THEIR MORTGAGE
BECAUSE THEY ARE GETTING RENT
AND THEN THE GOVERNOR ANNOUNCED
ON THE RESIDENTIAL SIDE THAT
THE BANKS WERE GOING TO STOP
FORECLOSING ON RESIDENTIAL
OWNERS.
EVERYONE IS WORKING TOGETHER ON
THIS THING.
THAT IS THE WAY THAT IT SHOULD
BE.
>> THERE ARE PEOPLE WHO ARE
GOING TO TAKE ADVANTAGE OF THIS
SITUATION.
LET'S SAY THE TENANT WAS LATE
ON PAYMENT BEFORE ALL OF THIS
CORONAVIRUS ISSUES CAME.
WHAT ABOUT THAT PERSON?
>> LET'S ADMIT FROM THE GET GO
AND THIS IS PERFECT. THIS IS AN
EMERGENCY SITUATION.
SOME PEOPLE MAY TAKE ADVANTAGE,
BUT THE VAST MAJORITY OF PEOPLE
WILL NOT AND WILL BE ABLE TO
SLEEP BETTER AT NIGHT KNOWING
THAT THEY CAN KEEP THEIR
APARTMENT OR THE SMALL BUSINESS
AND MAKEUP FOR THE MOST RENT
OVER THE LONG HAUL.
WHERE THERE IS ABUSE, THAT IS
TOO BAD. IF WE FIND IT OF COURSE
WE WILL ENFORCE THE LAW. I WAS
WORRIED ABOUT SPENT THE
MAJORITY OF PEOPLE ARE PULLING
TOGETHER.
BY THE WAY, THIS FEDERAL
STIMULUS THING THAT IS COMING
DOWN IS REALLY A RELEVANT PART
OF YOUR QUESTION BECAUSE SMALL
BUSINESSES NOW ARE GOING TO BE
ABLE TO GET LARGE LOANS THAT
ARE FORGIVABLE IF THEY KEEP
THEIR EMPLOYEES ON THE PAYROLL
FOR EIGHT WEEKS.
THERE IS A LOT OF PROTECTION
COMING DOWN HERE AND THE
PROBLEM IS IT DOESN'T COME FAST
ENOUGH.
EVERYBODY IS WORKING HERE AT
THE LOCAL LEVEL AND EVERYBODY
TO TRY TO HELP PEOPLE TAKE
ADVANTAGE OF THESE NEW FEDERAL
RESOURCES THAT ARE COMING.
>> THAT IS PRETTY AMAZING IF A
COMPANY CAN HOLD ON TO THEIR
EMPLOYEES.
THE LOAN THEY ARE GETTING
HOPEFULLY SOON WILL BE
FORGIVABLE. WHAT HAPPENS IF THE
LANDLORD MOVES FORWARD WITH
BUILT-IN SOMEBODY OUT AND YOU
ARE WITHIN THE GUIDELINES OF
THE NEW EMERGENCY ORDINANCE?
YOU HAVE GOT A LOT OF THAT ARE
SOMEWHAT ENFORCEABLE, BUT THERE
IS A LOT ON YOUR PLATE.
>> AGAIN WE WOULD PROBABLY GO
RATES TO THAT OWNER AND TELL
THEM THAT THEY CANNOT DO WHAT
THEY ARE DOING.
BEYOND THAT, I THINK WE WOULD
CONTACT THE LEGAL SERVICES
PEOPLE AND SEEKS TO HELP THAT
PERSON TO GO RATES TO COURT TO
ENSURE THAT THEY STAY.
NONE OF THIS IS GOING TO BE
PERFECT.
DO