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Monthly rent payments often consume a significant portion of household income, with many Americans spending more than 30 percent of their earnings on housing costs. As rental prices continue to ...
The calm of the end of the month, where all your bills are paid and your bank account is steady, is short-lived. As soon as the first of the month comes knocking at your door, so does the knowledge...
The federal rent relief money is sent to states, U.S. territories, local governments and tribes to administer through programs in their area. However, it took some time for the money to make its ...
SRO hotels differ from government and nonprofit housing services in that whereas these facilities have requirements for "minimum age, alcoholic or drug program eligibility, religious affiliation, welfare system dependency", SRO hotels were anonymous and generally accepted anyone who could pay the monthly rent, without requiring identification ...
The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...
The United States Census Bureau uses their Household Pulse Survey [44] to gather data on both monthly rent and mortgage payments during the pandemic. For the week of July 16–21, 2020, 8,251,079 homeowners of owner-occupied housing units did not make their mortgage payment on time and 4,473,321 deferred their payments, out of 148,685,473 ...