“The pandemic crisis is finally winding down for much of the country, with both vaccinations and the economy surging. But the Covid-19 housing crisis hasn’t even hit yet, and Washington’s efforts to head it off have stalled,” Politico reports.
“A federal moratorium on evictions is set to expire June 30, leaving millions of tenants facing long-term damage to their credit and the potential loss of their homes if they can’t scrape together more than a year’s worth of back rent. Now, the Biden administration is racing to end a bottleneck that has prevented state and local governments from distributing nearly $50 billion in rental assistance that Congress allocated to keep those tenants from going over a financial cliff.”
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