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Eviction Crisis Could Follow Failure to Extend Pandemic Unemployment Benefits

Racial disparities could also worsen if pandemic unemployment benefits aren't extended, the report said, as Black renters are more likely to depend on income from jobs that require face-to-face or physical contact.

With Congress at loggerheads on an extension of pandemic-related unemployment benefits, analysts said that housing markets could take a hit if authorization for the $600 per week payments is ended as of July 31.  

Currently there is a proposal by the Senate to reduce benefits to $200 per week temporarily until a permanent plan of offering 70% of a person’s previous earnings can be implemented.  The House of Representatives passed a measure earlier this year extending the $600 weekly benefit to the end of 2020.

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Michael Riccardi

Michael Riccardi

Michael Riccardi has been a reporter and editor at ALM publications for more than 20 years. A graduate of Villanova University's law school, he lives in Philadelphia. He can be reached at [email protected].

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