Tag

Rental Assistance

All articles tagged with #rental assistance

policy29 days ago•11 min saved

Rent collections dip in NYC’s affordable housing amid rising costs and policy shifts

New York City’s affordable-housing rent collections remain well below pre-pandemic levels, with about 89% collected last year versus 95% previously, jeopardizing nonprofit-built buildings that run on tight margins; while some tenants may be deliberately withholding payments, many face ongoing financial strain as costs rise and wages lag. City officials are pushing to expand emergency rental aid and subsidies and are weighing rent-relief measures for extremely low-income and rent-stabilized units, including potential rent freezes, but relief is complicated by housing-court backlogs and the lingering aftereffects of pandemic-era policies.

via Politico|

#affordable-housing #eviction #new-york-city

social-issues2 years ago•5 min saved

Rising Homelessness in the U.S. Reaches Record High Amidst Pandemic Aid Cuts

Homelessness in the United States reached a record high last year, with over 650,000 people living in shelters, tents, or cars, marking a 12% increase from the previous year. The surge in homelessness is attributed to the country's shortage of affordable housing, rising rents, and the expiration of pandemic aid. The Biden administration acknowledges the need for more federal funding and rental assistance to address the housing crisis and aims to streamline housing voucher processes. Advocates emphasize the importance of expanding federally subsidized housing to reduce homelessness further.

via NPR|

#affordable-housing #biden-administration #homelessness

politics2 years ago•6 min saved

"Colorado Special Session: Democrat Bills Advance Amidst Drama and Tax Relief Efforts"

The special legislative session in Colorado continued with some disruptions, including pro-Palestine protesters interrupting the House session. Despite the challenges, Democrats pushed forward with their agenda, including passing a bill for immediate property tax rate reduction and expanding tax credits for low-income workers. They also proposed a $42 million summer meal program for children in low-income families and set aside $30 million in rental assistance to prevent evictions. The bills still need to go through the House for final approval.

via The Denver Post|

#politics #property-tax #rental-assistance

finance3 years ago•2 min saved

Texas Rent Relief Program Reopens for Pandemic-Impacted Applicants.

The Texas Rent Relief program reopened on Tuesday to provide rental assistance to those struggling to pay rent or utility bills. Technical issues arose due to the high volume of people trying to access the site, but the issue has since been resolved. The program has $96 million available and will be the last time this help is made available. Applicants have two weeks to submit their application, and the money can be used for past due or future rent and utility bills. The program is for those impacted during the pandemic, and if you received help in the past, you can apply again.

via KTRK-TV|

#evictions #finance #pandemic