Thank you for sharing!

Your article was successfully shared with the contacts you provided.

There are widespread household struggles and uncertainties stemming from the COVID-19 pandemic, the National Multifamily Housing Council reports. And the data from their report illuminates the need for a federal renter assistance payment program that will provide relief to affected households and help stabilize the housing and financial systems. Here’s why this matters. 

According to the data in the NMHC report, 19.4% of all renters that responded to The US Census Bureau’s new weekly survey, aptly named the Household Pulse Survey, were unable to pay their rent on time or deferred their rent last month. (Note this is not an overall monthly rent payment measure.)

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Tasha Norman

GlobeSt. APARTMENTS Fall 2021Event

Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.