Weeks before an eviction moratorium put in place by the Centers for Disease Control and Prevention expires on July 31, much of the federal aid meant to help tenants and landlords has not reached them.
The median national rent climbed 9.2% in the first half of 2021, according to Apartment List, and is still on the way up.
As of June 7, roughly 3.2 million people in the U.S. said they faced eviction in the next two months, according to the U.S. Census Bureau’s Household Pulse Survey.
Since IndyRent launched last July, it has provided $96.1 million in emergency rental assistance to help thousands of residents stay housed in the midst of the pandemic’s economic fallout.
The number of properties focused on or allowing outdoor storage is limited—and there’s little indication that that will change anytime soon.
Stamford, Connecticut-based United Rentals Inc. paid $19 per share for Pasadena, California-based General Finance Corp.—which has owned Pac-Van since 2008—and assumed $400 million in debt.
An almost 30-page policy agenda and a nearly 20-page action plan tackles the city’s diminishing stock of quality affordable rental housing.
Senate Enrolled Act 148 prevents all local governments from regulating any aspect of landlord-tenant relationships and blocks tenant protections that the city of Indianapolis had put in place last spring.
The state of Indiana is preparing to launch a new rental and utility assistance program after receiving an additional $372 million in federal funding for that purpose.
If it becomes law, Senate Enrolled Act 148 would prevent all local governments from regulating any aspect of landlord-tenant relationships and would block tenant protections that the city of Indianapolis had put in place last spring.
Downtown apartment managers are extending rent specials, reducing parking costs and offering other incentives to get tenants in the door—and lock those already there into new leases.
Senate Enrolled Act 148 would have prevented all local governments from regulating any aspect of landlord-tenant relationships and would have blocked tenant protections that the city of Indianapolis had put in place last spring.
The program, which opened in July to help tenants avoid eviction during the pandemic, has provided more than $26 million in federal money to more than 12,000 households.
Airbnb has taken a series of steps to crack down on parties since last year’s deadly shooting at an Airbnb in Orinda, California. Five people were killed in the shooting, which happened during an unauthorized Halloween party.
The $40 million program provides up to $500 a week for up to four weeks to renters whose income is lower than it was on March 6 due to the COVID-19 pandemic.
According to the Census Bureau, about a third of renters said in July that they had no confidence or slight confidence in their ability to pay for housing in August.
The number of applications is more than triple what the state expected last month when it rolled out the program, which provides up to $500 in assistance a week for up to four weeks.
Residents whose income has been affected by the COVID-19 pandemic are eligible to receive up to three months of assistance, which will be paid directly to their landlord.
Housing advocates are warning of a tidal wave of evictions in the state this summer unless an effort is coordinated to head it off.
The $25 million program, funded through federal aid the state received through the Coronavirus Aid, Relief, and Economic Security Act, will provide assistance of $500 per month for up to four months. The state expects the program to help about 12,000 households.
