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Millions of renters brace for a post-pandemic ax


Millions of renters brace for a post-pandemic ax
The Biden administration is racing to end a bottleneck that has prevented state and local governments from distributing nearly $50 billion in rental assistance.
A rental sign is posted in front of an apartment complex Tuesday, July 14, 2020, in Phoenix. | Ross D. Franklin/AP Photo
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The pandemic crisis is finally winding down for much of the country, with both vaccinations and the economy surging. But the Covid-19 housing crisis hasn’t even hit yet, and Washington’s efforts to head it off have stalled.
A federal moratorium on evictions is set to expire June 30, leaving millions of tenants facing long-term damage to their credit and the potential loss of their homes if they can’t scrape together more than a year’s worth of back rent. Now, the Biden administration is racing to end a bottleneck that has prevented state and local governments from distributing nearly $50 billion in rental assistance ....

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