***Due to the Coronavirus-related orders issued by NC Governor Roy Cooper, the GCAA office is open on a limited basis. Staff will be available for drop-in visits on Tuesdays & Thursdays and are available by appointment only on Wednesdays. Staff will also be available by phone and e-mail. We thank you for your patience as we play our part in keeping our staff and broader community safe.***

 

Freddie Mac Multifamily Announces New COVID-19 Forbearance Options and Tenant Protections

News ,

Freddie Mac Multifamily has rolled out three additional forbearance options for multifamily borrowers who already have a forbearance plan in place affected by the Coronavirus pandemic.  The options also extend tenant protections that include delaying the start of repayment following forbearance, an extension of the repayment period itself, or an extension of the forbearance period with the added option of extended repayment as well.

For more information, click here.