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Pandemic worsens rental home shortage, affecting accessibility and affordability

Pandemic worsens rental home shortage, affecting accessibility and affordability
and last updated 2021-04-05 14:20:03-04
The U.S. is in the midst of a rental housing shortage that the pandemic has only exacerbated.
According to the National Rental Home Council (NRHC), 275,000 rental homes were taken off the market in 2020, which has continued the year-over-year trend of decreases in rental home availability.
âThe pandemic has really served to create a lot of uncertainty for property owners,â said David Howard, executive director of the NRHC.
In February, the NRHC surveyed 1,000 single-family home rental property owners and found 50 percent reported not receiving rent from their tenants at some point during the pandemic. Of that 50 percent, the NRHC reports 50 percent of the rental property owners offered flexible payment plans and 45 percent had forgiven some rent.

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Illinois housing authority outlines COVID-19 assistance plans

Kristin Faust, IHDA Executive Director, provided an update on two state initiatives that leverage funds from the federal Coronavirus Aid, Relief and Economic Security Act to help tenants and homeowners

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Calls for help grow as end to Washington's eviction moratorium inches closer

Calls for help grow as end to Washington's eviction moratorium inches closer
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Estonian proptech Rendin raises €1.2M seed for its long-term rental platform

Estonian proptech Rendin raises €1.2M seed for its long-term rental platform
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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