rentershomeownersCOVID-19financial healthmortgage holderssavingsCARES ActThe COVID-19 recession hit the lowest-paid sectors of the economy the hardest, resulting in lower-income Americans losing their jobs and income at higher rates.Greig, Fiona...
s County Executive Angela Alsobrooks said legislation like the Rent Stabilization Act and upcoming legislation establishing the county’s rental assistance support framework will help stop the bleeding as County officials work out long-term solutions to affordable housing for both homeowners ...
In February, President Joe Biden extended a ban on housing foreclosures to June 30 to help homeowners struggling during the pandemic. FILE - Tenant rights activists protest what they claim to be inadequate legislative relief for renters during the COVID-19 pandemic and to call for the cancellation...
Both are scheduled to expire the last weekend in December, coinciding with a lapse in federal protections for renters, homeowners and student loan borrowers. Lawmakers have been unable to reach a deal on new stimulus measures despite months of negotiations. —Greg Iacurci Wed, Nov 25 202012:42 ...
On December 26, 14 million people will lose unemployment benefits as two federal pandemic relief programs expire. On top of that, protections for homeowners, renters, and student loan borrowers will also expire, figuratively and literally leaving them very much out in the cold. "It's a ...
On November 18, Governor Reynoldsannouncedan additional allocation of funds to theIowa Eviction and Foreclosure Prevention Programto support Iowa renters and homeowners at risk of eviction or foreclosure due to a COVID-19 related loss of income. The program provides up to $3,200 in rental assista...
A few states have reopened their Hardest Hit Fund to assist renters and homeowners, and there’s still some HHF money out there for down payment assistance. Local DPAs As we call on municipalities and local non-profits recently, July is shaping up as a target month for many to accomplish ...
Avoiding a COVID-19 Disaster for Renters and the Housing Market; Urban Institute: Washington, DC, USA, 2020. [Google Scholar] Karaye, I.M.; Horney, J.A. The impact of social vulnerability on COVID-19 in the US: An analysis of spatially varying relationships. Am. J. Prev. Med. 2020...
This guide explains the stimulus and relief efforts undertaken by the U.S. government during the COVID-19 crisis. Learn more about the support for business and employment.
A lack of resources can prompt the distressed sale of an asset or force sudden housing movements for renters (Bowen et al., 2020). Particularly within the risk society, low incomes, low savings and high debt burdens reduce a household's buffer while access to a range of resources support ...