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home / news releases / INVH - Bipartisan relief plan includes extended eviction moratorium rental aid


INVH - Bipartisan relief plan includes extended eviction moratorium rental aid

A summary of the $908B bipartisan relief package includes a national eviction moratorium until February 2021 and $25B in rental aid to tenants who are behind on their rent.As it stands now, the Centers for Disease Control and Prevention's national eviction ban is due to expire at year-end; more than 12M Americans, or one in six adult renters, in November said they're not current with rent.Under the bipartisan plan, the rental assistance would go to households earning 50% of the area's median income and below and could cover up to 18 months of back rent. State and local governments would be responsible for distributing the aid, according to the preliminary details.But little progress has been made in getting a split Congress to pass a bill that would resume some aid that's already expired and continue other support measures due to end soon.The main sticking points remain disagreements over legal immunity

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Bipartisan relief plan includes extended eviction moratorium, rental aid
Stock Information

Company Name: Invitation Homes Inc.
Stock Symbol: INVH
Market: NYSE
Website: invitationhomes.com

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