How to pay for next months re rent. This is a potential catastrophe and why Senate Democrats including senator warren and van hollen and senator brown couldnt be with us today that is leading efforts on the senate floor on the issue tomorrow and other leaders and elsewhere have introduced bills that would provide an extension of the protections in the rental assistance necessary to keep people from their homes. You throw someone out of their home, their whole life gets disrupted, their healthcare other job opportunities, their kids educational abilities. Housing is fundamental and its been ripped by this crisis. Leader mcconnell and the Senate Republicans have a blocked introduction of the bill refusing to act on the house passed he rose bill passed within two months ago and they assisted me on a threemonth pause while they assess the conditions in the country and that is their words. The delay has protested this moment we are about to see these critical protections expire. If theyve s
When it came to building and maintaining Affordable Housing long before covid19. Back in 2020, a rhode island family earning the states Median Income couldnt afford to buy a home at the median price anywhere in the state. It has only gotten worse since then. Across the country, home prices have risen 13. 4 from last year, with the National Median price now at 416,000. In my state, the Rhode Island Association of realtors reports that the median price of homes sold in june 2022, reached an alltime high of 430,000. Thats 11. 7 higher than a year earlier. A large reason that homeownership is out of reach for Many Americans is that the inventory levels are so low. In recent months, sales have dropped as Interest Rates have increased, but nowhere near a balanced market. In a healthy Housing Market, there is usually 6,000 homes for sale at any given time. Right now our country hags less than a threemonth supply of homes and rhode island has less than a twomonth supply. As potential home buye
At the start of the pandemic, New Hampshire Gov. Chris Sununu wanted to make sure no one lost their home.Like governors around the country, he used his executive powers to suspend mortgage foreclosures and issued a moratorium on evictions. And in the.
At the start of the pandemic, New Hampshire Gov. Chris Sununu wanted to make sure no one lost their home.Like governors around the country, he used his executive powers to suspend mortgage foreclosures and issued a moratorium on evictions. And in the.