Editorial: California faces an eviction catastrophe. Newsom, lawmakers need to act now

  • 📰 latimes
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 82%

United States Headlines News

United States Latest News,United States Headlines

Editorial: California faces an eviction catastrophe. Newsom, lawmakers need to act now (via latimesopinion)

. Once the eviction moratorium ends, tenants may have just days to pay back the rent they missed. If they can’t, they could be evicted.

The idea is to ensure that renters who lost income during the pandemic and got behind on their rent don’t end up on the street. Low-income households were already struggling to pay the rent in California’s pricey cities, and those workers have been hardest hit by the pandemic job losses. Some experts warn that the state could see a 20% increase in homelessness. Extreme times call for extreme tenant protections.

Newsom and lawmakers have to pair a long-term eviction moratorium with landlord assistance. One proposal is, which would give landlords tax credits if they agree to forgive missed rent payments from tenants who had COVID-related financial hardship. Landlords could sell the tax credits for cash immediately. Tenants would have to repay their rent debt to the state starting in 2024.The challenge? SB 1410 could cost $10 billion over the life of the program.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

opinion yeah LA Times. Everyone should just be able to stay in their apartment or house forever for free. sounds like a plan. should be legislated actually.

opinion How about a landlord foreclosure epidemic?

opinion Need to act how? Lower taxes ?

opinion International activities of the Latin America states in combating drug trafficking in the XXI century:_______

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Editorial: Gavin Newsom's plan for California water is a good one. Stay the courseNovember’s election will to a large extent determine the nature of the federal government’s role in the state’s water supply. opinion When has the LA Times ever been correct on policy prescriptions?
Source: latimes - 🏆 11. / 82 Read more »

To save salmon, Gov. Newsom asks Warren Buffett to back Klamath River dam removalNewsom hopes the Omaha investor will support demolishing four hydroelectric dams owned by a Berkshire Hathaway subsidiary along the Oregon-California border to save dwindling salmon populations. americanrivers Lol dem’ politicians sure love billionaires Could Gov Newsom please ask Elon Musk to kindly bail out the USPS? Let’s all pull together for the greater good.
Source: latimes - 🏆 11. / 82 Read more »

43 million face eviction risk as relief programs and moratorium expireAll renters are now subject to state laws, and there&39;s a patchwork of eviction policies that vary by state. What a disaster. How are we going to be able to fix this? Virus is spiking and noone wants to risk going to work?! What a mess
Source: YahooNews - 🏆 380. / 59 Read more »

Wealthy homeowners are ‘bargain-hunting’ as millions face eviction'It's an unprecedented time for housing inequality in this country,' The Washington Post's Heather Long says, adding that 'the wealthier are going out and they're buying bigger homes right now' due to 'historic lows in the mortgage rate.' Zzzzzz Uhm...hello...the more money you earn, the better house you can afford.....it is called incentive. This is, of course, bull shit
Source: MSNBC - 🏆 469. / 51 Read more »

Shami Oshun's Nude Fashion Mask Is the Only Makeup You Need Right NowShami Oshun's Nude Face Masks Are the Only Makeup You Need Right Now
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »

Opinion | Why 'Umbrella Academy' remains TV's most delightfully bizarre adventureOpinion | Ani Bundel: Netflix's 'Umbrella Academy' Season 2 remains a delightfully bizarre superhero saga. - NBCNewsTHINK THINK I love that show 🤤 THINK THINK JGumby24
Source: NBCNews - 🏆 10. / 86 Read more »