What's Hot: 702,000: DC Sees Population Rise Again In 2024
White House Advisor Suggests COVID Relief Bill Will Extend Eviction Moratorium
✉️ Want to forward this article? Click here.
As Congress debates the contents of the next COVID relief package, the federal eviction moratorium expired last Friday. Now, it seems a moratorium extension is on the table.
National Economic Council director and White House economic advisor Larry Kudlow told CNN yesterday that the federal eviction moratorium will be extended as part of the relief bill, CNBC reports. The moratorium covers renters in multifamily buildings with government-backed mortgages, previously estimated at 9.6 million units nationwide.
Kudlow also stated that the bill will extend unemployment benefits (minus the already-expired $600 supplement) and will include another round of $1,200 checks to some taxpayers.
story continues below
loading...story continues above
Amid record unemployment and a patchwork of COVID relief measures nationwide, experts have estimated that up to 28 million renters in the US could be evicted and homeless by the end of September without additional intervention. Many (including DC residents) have called for widespread rent cancellation or forgiveness, and the House of Representatives passed legislation last month to extend the moratorium, create a national relief fund, and back emergency rental assistance (the bill has not been introduced in the Senate).
Republicans are expected to introduce a relief bill with the moratorium extension today.
Thumbnail photo by Ted Eytan.
See other articles related to: congress, eviction moratorium, federal government, pandemic
This article originally published at https://dc.urbanturf.com/articles/blog/white-house-advisor-suggests-covid-relief-bill-will-extend-eviction-morator/17114.
Most Popular... This Week • Last 30 Days • Ever
If the home ultimately sells for around that list price, it would set a record as the... read »
When purchasing a home, it's crucial to conduct a thorough inspection to determine th... read »
The federal government could be shut down by the end of today, and that shutdown coul... read »
The multi-faceted project will include restaurant, bar, fitness and event spaces.... read »
The 16,250 square-foot home along Foxhall Road NW owned by Fox News anchor Bret Baier... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro