August 1, 2020 — Issue Brief

Before the COVID-19 crisis, 20.8 million American renter households–47% of all renter households–were already burdened with housing costs that threatened their financial security. Since the onset of the crisis in the United States, over 44 million Americans have filed for unemployment. Over 20 million people live in renter households experiencing job loss related to COVID-19. Stimulus payments have been used up and the $600 federal unemployment benefit has expired. Making matters even worse, on July 24, 2020, the limited federal moratorium on evictions included in the Coronavirus Aid, Relief, and Economic Security (CARES) Act expired, as have many state eviction moratoriums.