- Jul 2, 2003
- 5,990
- 1,023
All of this is fall out from the impeachment and the White Houses anger for that trail. Vindictive behavior all around..
Some reenters could now go many more months with receiving financial support, digging them in a deeper hole that will be all the more difficult to get out of once the CDC’s eviction ban lifts in January, advocates say.
“The longer the federal government waits to act, the steeper the financial cliff that renters will be pushed off when the eviction moratorium expires this winter,” Yentel said.
As Trump says he’s abandoned stimulus talks, renters and landlords face a financial cliff
Published: Oct. 7, 2020 at 9:59 a.m. ET
By
Jacob Passy
The CDC’s national eviction moratorium should keep Americans in their homes for now, but experts say emergency rent relief is needed to prevent an eviction crisis in 2021
The Democratic-controlled House of Representatives last week passed a $2.2 trillion package that included $50 billion in emergency rental assistance funds, while extending a ban on evictions for 12 months. The legislation also earmarked up to $80 million per state for a homeowner assistance fund.
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As stimulus talks falter, the U.S. economy faces growth coming to a haltOne projection is that the economy will lose $60 billion a month just from the loss of unemployment benefits.
Some reenters could now go many more months with receiving financial support, digging them in a deeper hole that will be all the more difficult to get out of once the CDC’s eviction ban lifts in January, advocates say.
“The longer the federal government waits to act, the steeper the financial cliff that renters will be pushed off when the eviction moratorium expires this winter,” Yentel said.
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As Trump says heâs abandoned stimulus talks, renters and landlords face a financial cliff
The CDC’s national eviction moratorium should keep Americans in their homes for now, but experts say emergency rent relief is needed to prevent an eviction...
www.marketwatch.com
Published: Oct. 7, 2020 at 9:59 a.m. ET
By
Jacob Passy
The CDC’s national eviction moratorium should keep Americans in their homes for now, but experts say emergency rent relief is needed to prevent an eviction crisis in 2021
The Democratic-controlled House of Representatives last week passed a $2.2 trillion package that included $50 billion in emergency rental assistance funds, while extending a ban on evictions for 12 months. The legislation also earmarked up to $80 million per state for a homeowner assistance fund.
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