COVID Rental Relief Extended

Relief for renters facing financial impacts from the COVID-19 pandemic was part of a package of measures signed into law on December 27th, notes the Consumer Financial Protection Bureau (CFPB).

There are two types of relief provided. First, the CDC’s eviction moratorium was extended until January 31st, so renters may not be evicted for non-payment until after that date.

Second, a fund was established to provide rental payment assistance.

More information the relief fund and how to access it may be found here.

While the eviction moratorium was extended through the end of this month, there is no indication the pandemic will be “over” by then. In fact, infection numbers are spiking in many states and local and state governments are resuming or continuing the very restrictions that create the current economic uncertainty.

It’s also worth noting that the incoming Biden Administration is preparing a relief package that includes another round of stimulus checks, this time at $2000 per qualified taxpayer.

It’s also not yet clear whether that relief package would also provide additional relief for renters.

For more on consumer protection issues, follow Andy Spears