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Rent crisis spirals for landlords awaiting $47 billion in relief

More than a year since Covid-19 lockdowns put millions of apartment dwellers out of work, almost $47 billion in U.S. government rent relief is hitting the streets. For many landlords, it’s coming much too slowly. Joaquin Villanueva, an airport janitor who owns a three-unit rental house in East Boston, had to take out a home-equity loan just to pay the bills. One tenant, eight months behind on rent, vanished one night in March. An unemployed restaurant dish washer in another unit owes $5,000. “I don’t want to lose my house so I’m doing whatever I have to do,” said the El Salvadoran immigrant who wipes the floors at nearby Logan International Airport. “I’m not rich like a Donald Trump.”

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Rent crisis spirals for landlords awaiting $47 billion in relief

Rent crisis spirals for landlords awaiting $47 billion in relief
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