Tuesday that he would sign a standalone bill to issue additional $1,200 stimulus checks “to our great people.”
But the eviction moratorium, aimed at keeping people in their homes to stem further infections, only created a financial cliff for landlords and tenants alike, according to Nick DiNardo, managing attorney with the Legal Aid Society of Southwest Ohio. It requires renters to proactively notify their landlord that they cannot be evicted.
“It’s creating this kind of dam that will burst in January when those cases go back to court for those who aren’t able to get emergency assistance for rent they still owe,” said DiNardo. “They won’t be able to pay 6 months of rent unless they get emergency assistance.” At the other end of the crisis are landlords, many of whom are small property owners, who are facing mounting financial pressure to keep buildings running as tenants fall farther behind on rent. About 92 percent of apartment households did make a full or partial rent payment by Sept. 27, the National Multifamily Housing Council found. But among a survey of members of the National Association of Hispanic Real Estate Professionals, small landlords are facing a darker financial picture.
“Passing relief measures like direct rental assistance should not be a political game,” said Bob Pinnegar, president and CEO of the National Apartment Association, in an emailed statement. “Emergency rental assistance is the only policy that will keep renters safely housed and ensure rental housing providers can pay their bills.”
“Many of these small landlords don’t have access to credit, so they can’t borrow the money they need to pay bills,” Yentel said. “The concern is that landlords might decide to sell property or walk away — and the last thing we want to do is end the crisis with renters saddled with more debt.
How many Americans couldn't afford to pay rent before the pandemic? How many Americans couldn't afford to pay rent during the BarackObama administration? How many Americans couldn't afford to pay rent during the GeorgeWBush administration? It's been a sorry ass last 20 years.
Gee, wonder why.
Start evicting them.
Bullish sign for the markets.
That means there are going to be tens of millions of very pissed off people very soon.
Meh. Not much
STIMULUSCHECK is way TOO late !!
😞
SOME ARE NOT EVEN TRYING TO PAY RENT, THEY THINK IT WILL BE FORGIVEN.... NO... YOU HAVE TO PAY THE BALANCE WHEN THE GOVERNMENT STOPS PROTECTING YOUR PROTESTING ASSES.. GO TO WORK
Ave. across U.S. Depending on state; roughly $1100 to 1700 a month. $1500 the median point. I don't think minimum wage, unemployment, or part time temp jobs cover it. (never did) These are middle-low numbers, usually for a 1BR. Familys at least need 2BR.
I guess we are ignoring the fact that Congress was supposed to be agreeing on another stimulus package but failed to do so like a room full of blithering school children? So, Trump said fine I’ll sign something to get money directly to Americans without you.
I’ve already lost a building because of this. One of my tenants owed me $6000 in back rent that he wasn’t paying. I did a quit claim to my ex to avoid foreclosure in a private mortgage. Now I’m left with nothing. The guy didn’t pay for 9 months.
McConnell advised Trump to halt talks! McConnell knows no bill for stimulus will pass because Senate republicans are done with spending! McConnell figures Trump will get the kame and ensure his loss in November and he doesn't have to deal with the maniac anymore!
That guy looks like an illegal, who is he working for, the sandinistas?
NBC carrying the water for the racist democrats
Waiting on Pelosi to act. $1200.00 stimulus for the American ppl if she sends a clean bill.
Trump didn't actually the money is already there stop the lies by Democrats
He said he’d pass a clean bill for checks for the people. But will SpeakerPelosi give him one? Or will she demand her “extras”?
I didn’t hear the part where Donald Trump scream proclaimed himself to Congress. Are you telling me those robots just stand at attention scream “Yes my Trump” and do what he says? People are suffering we elected Congress to make laws to alleviate that suffering. Get to work!
Lock up trump and McConnell
Better headline, 'Horrible President resorts to blackmailing citizens by holding out on stimulus relief until after he is elected.'
fakenews
realDonaldTrump senatemajldr Shame. America will vote both of you out but then we will work to put you both behind bars. What the hell is wrong with you?
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