US Housing Crisis Worsens, as Millions Fear Eviction.
'Time' reports that 4 million people say
they fear being evicted or foreclosed
upon in the coming months.
The news comes as a federal eviction
moratorium is set to end on June 30.
The Biden administration
faces pressure from housing
advocates to extend it.
They argue that states
need time to distribute over
$45 billion in rental assistance, .
which has been slow to reach tenants.
Two studies released on June 16 suggest
that the housing crisis is expected to
worsen in the wake of the pandemic.
The crisis risks widening the economic gap between Black, Latino and white households. .
It also threatens to put homeownership out of reach for lower-income families. .
The latest data confirm two
things, emergency rental
assistance is very slow to
reach renters in need, .., Diane Yentel, president of the National Low-Income Housing Coalition, via 'Time'.
... and millions of renters
remain behind on rent and
at heightened risk of evictions, Diane Yentel, president of the National Low-Income Housing Coalition, via 'Time'