As part of his first wave of executive orders President Joe Biden has extended the federal eviction moratorium until the end of March.

The moratorium began in September under authority of the Centers for Disease Control in an effort to stop the spread of COVID-19. It was set to expire on December 31, 2020, but was extended by Congress for an additional month.

Biden's order was called "prompt and well-intended" by industry associations, which also highlighted their concerns about the moratoriums as they do not address underlying financial distress and are still leaving households accumulating huge amounts of debt. 

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