Real Estate

Next stimulus bill may include eviction moratorium

0


Scott Heins | Getty Images News | Getty Images

The next stimulus package may include relief for renters struggling in the pandemic.

In a summary of the bipartisan legislation circulated on Wednesday, lawmakers included a national eviction moratorium until February, 2021, and $25 billion in rental assistance for tenants who’ve fallen behind.

Those funds would be targeted at households earning 50% of the area’s median income and below, and could cover up to 18 months of back rent, according to the preliminary details. State and local governments would disburse the aid.

It’s not yet clear if Congress will be able to strike a deal before the end of the year, though housing advocates warn of a…



Source cnbc.com

GM’s Cruise begins testing autonomous vehicles without human drivers in San Francisco

Previous article

New vaccine billionaires gain wealth as Moderna, Pfizer shares soar

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Real Estate