April 21, 2021

Market and Financial News

Market and Financial News Aggregator

U.S. CDC extends eviction ban through June 30 By Reuters

3 min read

© Reuters. Residents seek assisstance to avoid eviction at La Colaborativa in Chelsea


By David Shepardson

WASHINGTON (Reuters) -The U.S. Centers for Disease Control and Prevention on Monday extended through June 30 a nationwide order to prevent millions of U.S. renters from being evicted amid the economic fallout from the COVID-19 pandemic.

The CDC’s moratorium on most residential evictions – which the agency justified citing the public health crisis – had been set to expire on Wednesday.

“Keeping people in their homes and out of crowded or congregate settings – like homeless shelters – by preventing evictions is a key step in helping to stop the spread of COVID-19,” CDC Director Rochelle Walensky said in a statement.

The order was initially issued by the Atlanta-based agency in September during former President Donald Trump’s administration. It was extended on Jan. 29 through the end of March after President Joe Biden took office.

The White House noted that as of January one in five U.S. renters was behind on rent. The CDC said a March survey by the U.S. Census Bureau found that more than 4 million adults who are behind on rent fear imminent risk of eviction.

The U.S. Congress approved another $21.5 billion in emergency rental assistance this month on top of $25 billion approved in December.

The moratorium has been challenged in court, and two federal judges have ruled against it. U.S. District Judge J. Philip Calabrese in Akron, Ohio, ruled on March 11 that the moratorium exceeded the authority given to the CDC by Congress, but stopped short of issuing an injunction blocking it.

The order applies to individual renters who do not expect to earn more than $99,000 this year or $198,000 for joint filers. It also applies to renters who did not report income in 2020 or received a stimulus check.

Renters must file sworn declarations saying eviction would leave them homeless or force them into a “shared living setting” and attest they have done all they can to get government assistance for rent or housing.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


2021-03-29 10:41:17

All news and articles are copyrighted to the respective authors and/or News Broadcasters. VIXC.Com is an independent Online News Aggregator

Read more from original source here…

Leave a Reply

Copyright © All rights reserved. | Newsphere by AF themes.