$25 Billion for Rental Assistance Should Go to the Landlords!


“The $25 billion for eviction assistance … is a practical start for staving off the immediate threat of mass evictions across the country,” said David Dworkin, president and CEO of the National Housing Conference, in an emailed statement. “More will be needed to prevent housing insecurity for millions of low- and moderate-income households who are managing the economic fallout of the pandemic.” According to an Article by Tulsaword.com
They go on to say An estimated 40 million people are at risk of being evicted during the pandemic, according to research by a group of housing experts.
Who is getting this money? They need to pay the Landlords Directly. We need a bailout, the tenants need a bailout. The Time is Now.
This is what Forbes said about the matter:
As previously reported by Forbes Advisor, the dilemma of providing rent relief isn’t solved easily. Canceling rent creates disruption in communities and institutions that benefit from state and local government taxes paid by landlords. Eviction moratoriums may delay, not cancel, payments, and have the potential to require lump-sum payments at the end of the forbearance period. If you can’t afford to pay your rent for a single month, it would likely be even harder to come up with several months’ worth of rent when the moratorium ends.
An estimated 40 million people are at risk of being evicted during the pandemic, according to research by a group of housing experts.
I say, we have the solution. Give the money to the Landlords and in return the tenants' rents will be zero. That seems simple enough.
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