Millions Face Eviction as Housing Protection Expires on June 30

Eviction rates are likely to be higher in some states than others. States that witnessed mass layoffs during the pandemic are facing housing affordability problems. Let’s read more!
Millions Face Eviction as Housing Protection Expires on June 30
In this article

As half of 2021 ends, millions of Americans face a new challenge—the risk of eviction. The current CDC eviction moratorium is said to expire by the end of June. The pandemic has worsened racial inequities. Households with lower incomes have reported problems in paying their rent. Black renters across the country are four times as likely to be behind on their rent and heading toward eviction.

The Problem

The pre-existing housing affordability and insecurity crisis has only doubled since the outbreak of Covid-19. The Consumer Financial Protection Bureau (CFPB) stated that millions of households across America are behind on rent. Out of which those at risk of being homeless are people of color, primarily Black and Latino households.

The federal eviction moratorium is critical in helping families keep their homes. And an extension will prevent a wave of evictions, that will further stop the spread of Covid-19 and mitigate the need for other public funds from the Government. 

Over 11 million Americans can be pushed out of their homes since they are behind on their rent. The Center on Budget and Policy Priorities analyzed that 15% of adults have not cleared their rental dues. Out of which a majority seem to be Black renters across the country. Black renters are four times as likely to be behind on rent as opposed to other racial ethnicities.

Older Americans are yet another vulnerable group. Around 100,000 people over the age of 65 are expected to be evicted within the next two months.

Apart from being a blessing to tenants, the CDC’s eviction moratorium faced numerous legal challenges and criticisms from landlords. Landlords have stated that they can’t afford to house people for free or handle the country’s massive rental arrears—which by the way estimated to be $70 billion.

States That Will See More Evictions

Eviction rates are likely to be higher in some states than others. States that witnessed mass layoffs during the pandemic are facing housing affordability problems. Nearly 1 in 4 renters are behind on their housing payments in Florida and South Carolina as opposed to 6% in Maine and Kentucky.

What’s the Government Doing About It?

The CFPB and the Federal Trade Commission will monitor and investigate eviction practices, especially of major multistate landlords. 

The extension of the federal eviction moratorium will also give counties time to distribute the funding they received through the federal Emergency Rental Assistance (ERA) Program.

  • The program was first established in the Consolidated Appropriations Act of 2021.
  • It authorized $25 billion to fund states and eligible units of local government, including counties with over 200,000 residents.
  • This program was established to assist families struggling to make rental and utility payments. 

The American Rescue Plan Act provided an additional $21.6 billion for the ERA program. The US Treasury Department is yet to announce allocations.

Was this helpful?

Did you like the post or would you like to give some feedback? Let us know your opinion by clicking one of the buttons below!

Allan Moses

Allan Moses

An editor and wordsmith by day, a singer and musician by night, Allan loves putting the fine in finesse with content curation. When he's not making dad jokes or having fun with puns, he's constantly looking to tell stories out of everything.

This page is purely informational. Beem does not provide financial, legal or accounting advice. This article has been prepared for informational purposes only. It is not intended to provide financial, legal or accounting advice and should not be relied on for the same. Please consult your own financial, legal and accounting advisors before engaging in any transactions.

Related Posts

Can you Buy Flowers with EBT? Eligible and Non Eligible Items
Best Ways to Celebrate Independence Day at Home
Celebrating Independence Day at home can be a fun and meaningful way to commemorate the holiday. Explore the best ways to plan a festive and enjoyable celebration at home with Beem!
10 Ways to Celebrate the Fourth of July on a Budget
On the occasion of Independence Day, disturb your budget and ensure to enjoy the essence of the day. It is a cherished tradition of commemorating a historical event. Here are the best ways you can celebrate the occasion on a budget!
Independence Day fourth of july (6)
How to Celebrate Independence Day Without Fireworks
From adventurous outdoor activities that will have you dust off your outdoor gear to gatherings where you overeat and laugh too hard, here are simple, yet popular ways to celebrate Independence Day on July 4th without fireworks.
Independence Day: How to Celebrate Fourth of July at Work
Planning July 4th office celebrations can be a great way to boost morale, foster team spirit, and create a festive atmosphere. These tips will help you plan a successful July 4th celebration at home.
Fourth of July
How to Teach Kids About the Fourth of July: Best Ways
Take the opportunity of Independence Day and teach your children to be the person they aspire to be when they grow up. This guide provides some significant suggestions to help you teach your kids about the Independence Day.

Save big on auto insurance - compare quotes now!

Zip Code:
Zip Code: