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$27.5 billion in unpaid rent. almost half of the landlords, many minorities come only owned one or two rental units, they continue to pay property taxes and utilities while the cdc requires them to house nonpaying people or risk jail. landlords can possibly argue the moratorium is a taking. click final argument from you both, sarah to you, and then david. again, there is a legal basis to do this and for the cdc to make this decision, to keep communities safe, but let s also protect and support our landlords, so i think they have to make a different decision here about our landlords moving forward. shannon: david? sure. there s $46.5 billion in relief out there. and it needs to be disbursed. and that is one of the biggest problems that the politicians in d.c. have. if they have to get out to the landlords and tenants to assist, and congress needs to step up, but right now, the democrats are ....
That sites that 23% of the nation s independent rental owner have said forced to sell one or all of their rental units through this crisis. my concern is we ll get to the other side of this crisis and our critical housing infrastructure will be gone. especially that naturally occurring affordable housing, that is so important for everybody to be able to be successful. and i do think, also, that we need to have a conversation about housing over the long-term and sustainability. because intervention programs that can prevent us getting to a point where we can even talk about an eviction are the things that will really stabilize this country. stabilization is absolutely what we need. thank you both for joining us this morning. we have a lot more to talk about. coming up, new details about just how far former president trump went to push his own justice department, that means our justice department, to overturn the 2020 election results. plus, how soon we might see ....
Landlords are, you know, they re all slum lords, it s all jared kushner in baltimore. 41% of these rental units across the country, they re owned by individuals, not owned by big companies or big corporations. and this hurts them, too, i guess, right? because you re not allowing not no but the program isn t allowed to work so they re not getting the money. right. it is the small mom and pops, the real estate owners who are the ones who are really not getting the money right now. it s a moratorium so that people can t get evicted but it s also paying the people who are owed that rent so that they don t go under. i hear from small mom and pop shops that they own maybe two, three apartments, that s their income, their supplemental income, and they re in trouble. it s hurting kind of everyone from the renter to the landlord to everyone in between. i want to ask you about voting rights legislation, which is important to you. there are two big democratic bills in the mix. ....
Into multifamily apartments. the company that operates the facility hasn t responded to our request but they say they have no choice but to close the facility because it s operating at a loss. market rate housing is the market rate of rentals in today s market which is at an all-time high. if you place multifamily units at this site at the market rate of the greater market rate in los angeles, that is totally above and beyond what this localized community can afford. this community, boyle heights, the idea that you might see a bunch of condos or high priced rental units go up, who is going to live in them? is it the people that are already living in this community? most likely not, no. that s because the median household income in boyle heights is $42,000 a year. and market rate, one-bedroom apartment in los angeles is what? right now it can be up to $2,000. almost the entirety of the median income is unaffordable and ....
That s the view of david silvas. he asked to meet us at the senior center, where developers plan to turn the property into multifamily apartments. the company operating the facility isn t responded to our. but tells local media, they have no choice but to close the facility because it s operating at a loss. market rent housing is at an all-time high. if you place multifamily units at this rate, that s above and beyond what this localized community can afford. reporter: this community, boyle heights, the idea that you might see a bunch of condos or high-price rental units go up, who is going to live in them? is it the people already living in this community? likely not, no. reporter: the median household income in boyle heights is $42,000 a year. and market rate one-bedroom apartment in los angeles is what? right now, almost $2,000. ....