3 thoughts on “Governor Jared Polis: Suspend Rent, Mortgage, & Utility Payments During the Coronavirus Crisis”

1. I'm not exactly sure what it is your proposing or how this will be beneficial to community long-term. I requested a copy of the proposed plan of action that accompanies this petition but have not yet received it. My question is this- You're asking Governor Polis to suspend mortgage, rental and utility payments for 2 months. You're not asking for the cancelation of these payments or a creation of a fund or grant that will help forgive payments that cannot be made. So what happens in 2 months when the suspension is lifted and banks, rental and utility companies start demanding 2 months back payments plus the current month and the people of Colorado have chosen not to work because of an exposure risk of 1:42537? I agree that measures need to be put in place to assist those who are unable to make these types of payments due to company closures, layoffs or those with direct exposure and have recommendations from a healthcare agency or licensed medical provider to self-quarantine. Based off the proposed plan and information provided by you all, I do not feel that a generalized suspension will be beneficial to Coloradans and in-turn would create more of a financial crisis once the suspension is lifted. I would ask that you revisit the outlined petition proposal and/or provide a detailed plan of action that addresses "What comes next." Falling in line with Italy, Vancouver is asking for a "cancelation" of these payments for those that are effected. Please keep in mind that Italy has now allocated 10 billion euros to it's emergency relief package which will cover payments unable to be made. In order to further protect the economy, if we're going to move forward with a similar plan of action, we need have similar aid available. Please keep this in mind as you move forward with this petition. However, I am unable to support as it is. 

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2. This is great and all, but “suspend” does not mean “cancel”. I petition the wording to be changed to “CANCEL rent, mortgage, and utility payments until the emergency is lifted”. Maybe add in something about interest and HOAs too.

   FACT: People who are unable to save, especially three months worth of rent, mortgage or utility payments, are definitely not going to be able to repay suspended costs while out of work. I work two jobs and barely have enough in savings to pay for a single month of my mortgage. I would go bankrupt if I was expected to repay three months of it and utility bills while being quarantined. Companies that make massive profits can afford to loose a couple months of said profit. Our citizens need to be protected during this time, NOT companies that profit off of them! Just last year, mortgage lenders earned $7,700 PER LOAN (a record high), which is 4x my monthly mortgage. If they waved three months, they would still earn $2,000 off of my loan, which is over a $1,000 in profit from 2016. They can afford to loose a couple months of profit while our citizens recover.
   Yet Trump wants to help the airlines (2019 profit $28 million), Continental Resources (made $158.2 million), cruise ships (made $4.7 BILLION), and the oil and gas industry (made $9.7 BILLION). They don’t need help to survive during a pandemic. Our citizens need the help.

   RANDOM FACT: Did you know, the weight of $1,000 in $20s is barely 0.11[lbs] while the weight of $1,000,000 (one million) in $20s is 110[lbs]?! And $1,000,000,000 (one billion) in $20s weighs as much as 50 TONS. The more you know.

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3. To Colorado Governor Jared Polis:

   COVID-19 (also known as coronavirus) has been classified as a global pandemic. Colorado already has at least 132 cases statewide, including 1 death. State and federal officials are encouraging people who feel sick to stay home, but many workers already struggle to make rent or mortgage payments. The choice to skip work for the sake of community health could leave them and their families unsheltered.

   In order to protect the health and housing security of our community, we, the undersigned, call on Governor Polis to act now so workers won’t have to make that choice. Specifically, we call for you to cancel of all rent, mortgage, and utility payments for 2 full months to allow people to do what they need to in order to take care of themselves, their loved ones, and the community.

   The legacy of every public official currently serving will be determined in the next few months.
   It’s time to act now, and choose the right side of history. Choose the people.

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