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Slow rental assistance rollout means many face eviction

By Mike Wheatley | July 17, 2021
With the federal moratorium on evictions set to be lifted at the end of this month, housing industry experts have warned that only a fraction of the $45 billion in rental assistance allocated by Congress has actually been passed on to renters that need it. CNBC said the first $25 billion of that assistance had […]

Landlords and industry groups hit out at eviction ban extension

By Mike Wheatley | June 29, 2021
Housing industry groups have united in their opposition to the Centers for Disease Control and Prevention’s decision to extend a nationwide moratorium on evictions until July 31. The one-month extension of the CDC’s ban on evictions might be welcome news for struggling tenants, but critics say it’s also hurting housing providers. Many say they have […]
Featured News, Housing

11 million American renters at risk of eviction once moratorium ends

By Mike Wheatley | June 2, 2021
As many as 11 million Americans could be at risk of eviction once a moratorium on landlords kicking people out of their homes expires at the end of the month. The Centers for Disease Control and Prevention’s eviction moratorium will end on June 30. It has been in place since last September, and is said […]
US Real Estate

10 million U.S. renters are behind on their monthly payments

By Mike Wheatley | February 2, 2021
The economic impact of the COVID-19 pandemic is hitting renters hard, with more than 18% of U.S. renters saying that it’s caused them to fall behind on their monthly housing payments. That’s according to a study by Moody’s Analytics and the Urban Institute, which says around 10 million renters missed rental payments in the last […]
US Real Estate

Biden to provide $25 billion in rental assistance

By Mike Wheatley | January 18, 2021
U.S. President-elect Joe Biden last week announced a stimulus plan worth $1.9 trillion that included several housing-related proposals aimed at helping people to stave off the economic impact of the coronavirus pandemic. The proposals would extend the moratorium on evictions and foreclosures until Sept. 30, provide an additional $25 billion in rental assistance to help […]
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