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In a recent interview with CNBC, Moody’s Analytics Chief Economist Mark Zandi said the CDC’s recent extension of federal eviction moratoria will likely be the nation’s last, as the U.S. continues its slow climb out of the coronavirus slump. 

In his remarks, Zandi noted that “the pandemic is still raging and the economy is weak,” with unemployment and underemployment very high, resulting in considerable financial stress, particularly for renters. But he pointed to the significant amount of renter assistance coming to both landlords and tenants in the form of the $25 billion federal package in December and an additional $21 billion in the American Rescue Plan. The three-month extension is “just enough time to get that money out and to get on the other side of the pandemic,” he said.

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