In an effort to gauge the payment of rents nationally during theCOVID-19 crisis, the National Multifamily Housing Council launcheda tool—the NMHC Rent Payment Tracker—to provide insight into thehousing market during these times.
The NMHC reported this week that 89% of apartment households inthe country made a full or partial payment by mid-June. The housingcouncil said it surveyed 11.4 million units of apartments in thecountry.
The 89% number is similar to the percentage of apartmentdwellers who paid rent through June 13, 2019 and similar to thosethat had paid by May 13. The NMHC reports that there was a 0.1%point increase from the previous year and that the percentage ratefor those paying through May 13 was at 87.7%.
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Robert Storace
Robert Storace covers legal trends, lawsuits and analysis for the Connecticut Law Tribune. Follow him on Twitter @RobertSCTLaw or reach him at 203-437-5950.
