Investors pulled more from municipal bond mutual funds as the Investment Company Institute on Wednesday reported $4.786 billion of outflows, up from $4.459 billion of outflows in the previous week.
Supply for the holiday-shortened week is $4.8 billion. Municipals performed the worst since 1980 in the first quarter of 2022, but some analysts see the pain subsiding.
City Steps Up to Help Struggling Anaheim Landlords theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.
Anaheim Considers Rental Forgiveness Program for Tenants and Landlords
The rental assistance will provide coverage from April 2020 through March.
The rent subsidy program was created for landlords who “are having a hard time paying their mortgages and their debt obligations,” Anaheim spokesperson Mike Lyster told The Epoch Times on Feb. 15.
Program funds came from a national emergency rental assistance (ERA) program.
California received $2.6 billion in funding last Dec. 27 as part of a $25 billion federal rescue package to help those who’ve suffered setbacks from the COVID-19 pandemic.
Orange County began distributing nearly $66 million in ERA funds on Feb. 1, but some cities including Anaheim, Santa Ana, and Irvine were exempt from the program to launch their own initiatives.