‘I have $4 to my name.’ An extended eviction ban isn’t enough for some struggling renters

The stimulus bill that was signed into law by President Trump late Sunday night extends a national ban on evictions until January 31.

News Story (NATIONAL)

Anna Bahney
CNN Business
December 28, 2020
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Tags: CDC Eviction Moratorium, COVID-19, Housing, Housing: Eviction

DETAILS

“While extending the CDC eviction moratorium for just one month is insufficient to keep people housed for the duration of the pandemic, the extension provides essential and immediate protection for millions of renters on the verge of losing their homes in January,” said Diane Yentel, president and chief executive of the National Low Income Housing Coalition.

An estimated 9.2 million renters who have lost income during the pandemic are behind on rent, according to an analysis of Census data by the Center on Budget and Policy Priorities.

Once the moratoriums are lifted, many of these renters will be expected to pay their entire back rent or come up with some sort of payment plan with their landlord — or they could face losing their home.