Biden requires $ 30 billion in rental assist and a protracted eviction ban
US President-Elect Joe Biden.
Chip Somodevilla | Getty Images
President-elect Joe Biden called on Congress to pass a range of protective measures and financial relief for Americans at risk of losing their homes due to the coronavirus pandemic.
To stop a wave of evictions, Biden plans to call on lawmakers to approve $ 30 billion in rental subsidies on top of the $ 25 billion approved in the recent $ 900 billion stimulus package . This emerges from an information document distributed before the President-elect’s Thursday night speech.
An additional $ 5 billion would be used to find people who are or are at risk of homelessness, and a fund would help people at risk of eviction obtain legal assistance.
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Biden also plans to ask Congress to extend the eviction and foreclosure bans through September 30, 2021. The current eviction moratorium is expected to expire at the end of the month.
According to the Center for Budget Policy and Priorities, around 19% of tenants were in arrears with their housing benefit payments in December. Closer to 30% of the black tenants stayed behind. Meanwhile, studies have also shown that evictions in one area lead to significantly more coronavirus cases and deaths.
Biden said his plan would help keep the 14 million Americans who are behind on their rent in their homes as the pandemic rages on.
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