At Least 12 Million Households Face Eviction As Moratorium Ends | WHAT REALLY HAPPENED

At Least 12 Million Households Face Eviction As Moratorium Ends

State and local governments have struggled to distribute $47 billion in federal money aimed at helping tenants who can’t pay rent because of the pandemic-triggered downturn, leaving many people at risk of being forced out of their homes when the moratorium expires.

Just $3 billion of the aid authorized by Congress in December and March had been delivered to landlords and tenants as of June 30, the Treasury Department said in a report last week.

Meanwhile, many landlords have been squeezed because they have been unable to collect rent but remain on the hook for taxes, maintenance and other bills.

The moratorium, which originated from an executive order signed by then President Donald Trump last August, shields tenants who have missed monthly rent payments from being forced out of their homes if they declare financial hardship. They still owe the back rent.

The moratorium was originally set to expire Dec. 31, 2020, but Congress extended it until late January, and the CDC has extended the order three times.

Tags:

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA