Public-health officials have enacted a nationwide moratorium on evictions to protect Americans from COVID-19.
White House officials stressed that some emergency funding at the Department of Housing and Urban Development and the Department of Treasury — including money allocated by the CARES Act — could be accessed by struggling renters and landlords alike. “It doesn’t look like we’re going to see a quick bounce back from the economic impact of COVID,” said McFadden, who previously served at the deputy assistant secretary for grant programs at HUD. “We need Congress to be forward-looking to think about [providing] community assistance.”
“A landlord could very well have tenants who are not paying rent and who haven’t been paying rent for some time, yet the landlord is still responsible for paying the mortgage, paying for the maintenance and the upkeep costs,” Howard said. “And if they can’t, they can be foreclosed on.” “It will accomplish what it’s designed to accomplish, which is providing assistance for people who are who are having trouble paying the rent, and we think that’s a good thing,” Howard said.
What’s more, the amount needed in funds explicitly intended for rental assistance will depend on whether a future stimulus package — if one passes in Congress — includes more money for unemployment insurance. Assistance would most likely come in multiple forms, McFadden said. Much of the money would likely be distributed in the form of Section 8 housing-choice vouchers. “Rental assistance that goes directly to families in the form of vouchers helps them pay the rent and gives them choice over the buildings they want to live in,” McFadden said.
There’s plenty of jobs and you haven’t had to pay rent in months.
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