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How the Homeowner Assistance Fund may affect foreclosures

In a best-case scenario, the money could wipe out almost one-third of the pandemic-related increase in missed payments, but it won’t exclusively be used for that purpose. ....

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State, local aid bottlenecks leave renters exposed

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State, local aid bottlenecks leave renters exposed
Lawmakers made clear they were losing patience with the pace of aid delivery but they offered few solutions for the long-running problem.
The state and local bottlenecks threatened to leave millions of struggling renters at risk of homelessness without the backstop of a federal eviction moratorium. | Rich Pedroncelli/AP Photo
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An attempt by House Democrats and the Biden administration to push
governors and mayors to accelerate the release of billions of dollars in rental aid is meeting a harsh reality: Most localities are ill-equipped for the moment.
Among the problems that states and cities face: Untested new infrastructure rife with red tape, local officials’ fears of being singled out for awarding funds to the wrong people and the fact that millions of tenants and landlords do not even know about the emergency rental assistance program, much less how to apply for it. ....

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'Where Is the Money?': Millions Risk Eviction on Tardy U.S. Aid

'Where Is the Money?': Millions Risk Eviction on Tardy U.S. Aid
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'Where Is the Money?': Millions Risk Eviction on Tardy US Aid

'Where Is the Money?': Millions Risk Eviction on Tardy US Aid
newsmax.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsmax.com Daily Mail and Mail on Sunday newspapers.

New York , United States , Jefferson Parish , Bob Pinnegar , Stockton Williams , Coreena Popowitch , Diane Yentel , Paula Cino , Los Angeles , Sharon Oser , Ann Oliva , Rebecca Yae , Housing Initiative At Penn , National Low Income Housing Coalition , Justice Department , Us Treasury Department , National Multifamily Housing Council , National Apartment Association , National Council Of State Housing Agencies , National Low Income Housing , National Apartment , Urban Institute , National Council , State Housing , Housing Initiative , புதியது யார்க் ,

Minnesotans anxiously await rent help as a fraction of federal aid has gone out

Minnesotans anxiously await rent help as a fraction of federal aid has gone out
Minn. program seen as model but start date is behind national average.
May 26, 2021 6:10pm
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It s been a stressful week and a half since Nicole LaFavor-Bostwick applied for state help covering $5,000 in rent and utilities payments she owes on her Hastings home.
Every day matters to LaFavor-Bostwick, who fears her landlord will kick her out in early June if she doesn t get the money despite a state ban on such evictions.
I haven t heard anything back yet, said LaFavor-Bostwick, who has repeatedly checked the state website for updates only to find her application is still under review. It s kind of nerve-racking, because I have to be out in two weeks or less. ....

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