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Millions could face eviction after the holidays Here s how to help

Millions of Americans could be facing homelessness when the federal eviction moratorium expires on Dec. 31 as negotiations over a relief bill stall in Congress. More than 14 million American households are currently at risk of eviction and have amassed an estimated $25 billion in rental debt, according to a report by Stout, a global investment bank and advisory firm. When the Centers for Disease Control and Prevention eviction moratorium expires, 4.9 million of them are likely to receive eviction notices in January, Stout found. A group of bipartisan lawmakers have introduced a $908 billion stimulus proposal which includes plans to alleviate some of the housing-related stress by providing $25 billion in rental assistance. But Senate Majority Leader Mitch McConnell initially rejected the bipartisan proposal and ongoing negotiations may stretch past Christmas.

14 million American households brace for impact as eviction protections expire

14 million American households brace for impact as eviction protections expire FORT LAUDERDALE, Fla. / CNN John Ayers talked with pride as he listed the things he used to be able to afford as an insurance agent, pre-pandemic: $2,000 monthly rent, hundreds of dollars in prescriptions for his severe arthritis and diabetes, and even a regular Uber driver, known as Fast Ice, that would take him to the grocery store in a black Mercedes-Benz van. COVID-19 has upended Ayers’ life. “Fortunately, I haven’t gotten the virus, but I’ve fallen victim to it,” he said. His eyes filled with tears as he described losing his job early last summer, exhausting his savings paying for rent, medications and utility bills, and getting slapped with an eviction notice.

14 million American households are at risk of eviction as protections expire

14 million American households are at risk of eviction as protections expire
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Eviction: 14 million US households at risk as protections expire

Eviction: 14 million US households at risk as protections expire
cnn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnn.com Daily Mail and Mail on Sunday newspapers.

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