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The California Department of Housing and Community Development has sent “recapture” emails to about 5,400 tenants and landlords who received COVID-19 rent relief funds, the agency told The ...
California started its rent relief program in March 2021 to help eligible tenants pay off back rent that accumulated during the pandemic. HCD administers the program, which closed to new ...
The U.S. Department of the Treasury reported on Monday, Nov. 29, that state and local governments offered rental assistance to more than 521,000 renters and landlords in October through the ...
Kamala Harris discussing the Rent Relief Act. The Rent Relief Act was a U.S. federal bill proposed by Kamala Harris in 2018 that would offer tax credits to renters who earn less than $100,000 and spend over 30 percent of their income on rent and utilities. [1] Kamala Harris stated that the bill "[bolster] the economic security of working ...
In December 2020, the New York State Legislature passed a state moratorium on evictions. [11] In May 2021, the legislature extended the moratorium until August 31. [12]The Supreme Court struck down a provision of the state moratorium that protected people who filed a form declaring economic hardship, rather than providing evidence in court.
In some cities, such as San Francisco, rental drops did occur. [53] However, in some cities, such as New York City, rental prices have remained largely unchanged or have even increased. From April–May 2020, rental prices in New York City saw no changes, but there was a year-over-year increase of 0.7% in Manhattan and 3.7% in Brooklyn. [54]