Renters are experiencing unprecedented financial pressures due to COVID-19. Consequently, many are teetering on the verge of eviction and homelessness if they cannot pay rent and utilities once eviction moratoriums expire across the country beginning in July. The federal government needs to provide assistance to help renters maintain their existing housing throughout the pandemic.
Local, state, and federal government spending to help renters weather the COVID-19 pandemic has already risen significantly; therefore, there is no need for this legislation. Additionally, even if additional rental assistance spending is needed, there’s no need to establish a new program to handle these funds. Moreover, this bill doesn’t even include any actual appropriations, it merely authorizes $100 billion in funding for this program that would need to be provided later.