How the CARES Act is Impacting Renters and Homeowners
Foreclosures, Evictions, and Utility Cutoffs: Relief for People Facing Hardship During the Pandemic
Our country, like the rest of the world, is in the midst of battling COVID-19, also known as the novel coronavirus. As a result of this pandemic, many are struggling to pay their rent and mortgages. In fact, nearly a third of renters were unable to pay their rent in April.
This edition of TMI Briefs provides details on the recent legislative measures that have been enacted to protect homeowners and renters during the pandemic. This brief has helpful links for homeowners and renters. Included are several policy recommendations—including additional foreclosure, eviction, and water shutoff moratoriums—that federal, state, and local leaders must implement to safeguard the communities most likely to be disproportionately impacted by the current pandemic.