Biden Administration expected to extend eviction moratorium
(KYMA, KECY/ CNN) - With the CDC's moratorium on evictions set to expire in a week's time, the Biden Administration is expected to order an extension to the end of July.
Six million Americans are behind on rent and at risk of being homeless this summer, according to the National Low Income Housing Coalition.
Facing the possibility of mass evictions, the White House wants to buy more time to get federal rent relief money to the tenants who need it.
While nearly $50 billion has been allocated during the pandemic, some states like Arizona have only released 4% of their funds.
The funding can also save mom-and-pop landlords who are on the brink of bankruptcy due to months of lost rent payments.
If the Biden Administration acts as expected, it will mark the fourth time the deadline for lifting the ban on evictions has been pushed back.