A ‘huge wave of evictions’ is possible in January

An estimated 11 to 13 million renter households are at risk of eviction, according to Stout, an investment bank and global advisory firm. It predicts there could be as many as 6.4 million potential eviction filings by January 1, 2021 if the CDC moratorium is lifted.

News Story (NATIONAL)

Anna Bahney
CNN Business
November 16, 2020
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Tags: CDC Eviction Moratorium, COVID-19, Housing, Housing: Eviction

Organizations mentioned/involved: Legal Aid of Nebraska, Law Foundation of Silicon Valley (San Jose)


DETAILS

Since the order does not cancel or freeze rent, all of the tenant’s back rent will be due come January 1. Without rent relief or an extension of the protection, many struggling renters will — again — face eviction.
“The pandemic is not going away before the end of the year,” said Michael Trujillo, staff attorney with the housing program at the Law Foundation of Silicon Valley, in San Jose.
If the CDC moratorium is allowed to expire without a replacement protection, a tsunami of evictions is possible, he said.
“We’re not out of the woods in terms of a huge wave of evictions in our country with the kind of rent debt that people owe.”