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With the presidential election roughly a month away, Yahoo Finance reporter Sarah Paynter has outlined where President Trump and former Vice President Joe Biden stand on several housing issues, including coronavirus relief, tax credits, Fannie Mae and Freddie Mac, fair housing, and low-income housing. According to Paynter, Trump will continue limiting government housing regulations if he is re-elected, while Americans can expect an expansion of government-mandated protections under Biden’s $640 billion housing plan.

The most imminent and impactful result of the election would be the next president’s actions surrounding the coronavirus pandemic — and both candidates are focused on providing relief to homeowners and renters.

Trump helped homeowners and renters stay in their homes during the pandemic with an executive order in September placing a moratorium on foreclosures and evictions through the end of the year — though lenders and landlords complain they’ve been left out of relief efforts.

Biden’s pandemic emergency housing program offers few specifics, but his vice presidential pick Kamala Harris called for a year-long eviction ban and legal help for tenants facing eviction.

Policies pertaining to businesses, unemployment benefits and the overall economy will also affect the housing market. Biden is expected to reopen the economy more slowly and offer a larger stimulus package.

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