By Eamonn Burke A study back in May of this year by a Columbia professor found that the unemployment resulting from the COVID-19 pandemic could increase homelessness by 45%, following a peak unemployment rate in April of 14.7%. Using data from previous recessions as well as current unemployment trends, Dr. Brendan O’Flaherty estimated that another […]
Posts tagged with "cares act"
End of Federal Moratorium
By Eamonn Burke The CARES act instated in March that protected renters across the country from evictions ended on Friday. The 12.3 million households under federally backed mortgages can now be given 30-day notices and evicted in August. The end of this protection, as well as the end of additional unemployment payment will make it […]
COVID-19 Evictions
By Eamonn Burke The recession caused by Covid-19 has put millions of people out of work and out of income, making it harder for them to pay for their housing. As a result, a heightened importance has been placed on housing and income security in light of the pandemic by the United States government. The […]