What to do if you are facing an eviction?
What to do if you are facing an eviction?
“Exposure risk is so much more amplified and worsened when you can’t shelter in place because you don’t have a place to shelter.” If you are facing an eviction, Carr suggests contacting a nonprofit tenant organization in your area and your elected officials as soon as you can.
How many people are facing eviction each year?
More than 2 million people face eviction each year, far more than the number of people who faced foreclosure at the height of the 2008 mortgage crisis. Experts expect the eviction crisis to get far worse in the coming months.
How can I contact CNBC about evictions?
If you or someone you know is facing eviction, CNBC Make It would like to hear from you. Please email money reporter Alicia Adamczyk at [email protected]. Even before the coronavirus pandemic, the U.S. was experiencing what housing experts and advocates deemed an eviction crisis.
How to prevent the coming tsunami of evictions?
Increased resources for tenants, like providing advocates and legal support to tenants facing eviction, would also help keep people in their homes in the years and decades to come, says Greene.
“Exposure risk is so much more amplified and worsened when you can’t shelter in place because you don’t have a place to shelter.” If you are facing an eviction, Carr suggests contacting a nonprofit tenant organization in your area and your elected officials as soon as you can.
If you or someone you know is facing eviction, CNBC Make It would like to hear from you. Please email money reporter Alicia Adamczyk at [email protected]. Even before the coronavirus pandemic, the U.S. was experiencing what housing experts and advocates deemed an eviction crisis.
More than 2 million people face eviction each year, far more than the number of people who faced foreclosure at the height of the 2008 mortgage crisis. Experts expect the eviction crisis to get far worse in the coming months.
How does the government help with eviction prevention?
The program was created to provide housing and rent assistance to qualified low as well as moderate income families that are facing imminent eviction from rental housing. Federal government funding for the eviction prevention program is provided from the Emergency Shelter Grant (ESG) as well as the Community Development Block Grant (CDBG) program.
Is there going to be an increase in evictions?
That extra money is “what has been allowing many people who have lost their jobs to continue paying rent,” Solomon Greene, a senior fellow in housing policy at the Urban Institute, tells CNBC Make It. Coupled with the end of eviction moratoriums, the U.S. is likely to experience an uptick in evictions nationwide in the coming weeks.