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President Joe Biden extended the federal ban on evictions through March 2021 with an executive action in one of his first official acts following the inauguration.

The ban on evictions has helped millions of Americans struggling amid the coronavirus pandemic. The moratorium on evictions was set to expire at the end of the month.

By one estimate, 14 million Americans are behind on their rent during the crisis. In addition to extending the eviction ban through March, Biden is also expected to ask Congress to keep the moratorium in place through September 2021.

Advocates say extending the eviction ban is just a first step, and that there also needs to be more enforcement to make sure landlords follow the law.

 

“The existing moratorium is flawed and some landlords exploit loopholes to evict tenants despite the protections,” said Diane Yentel, president and CEO of the National Low Income Housing Coalition, in a statement. “No federal agency is enforcing the order’s penalties for unlawful evictions.”

In addition, there are growing calls for the ban to be matched with adequate rental assistance so that an eviction crisis is prevented rather than merely delayed. So far, Congress has allocated $25 billion in rental assistance but, after months of record job losses, rental arrears may be closer to $100 billion.

Boston Real Estate and the Botton Line

Based on the chart above MA has 27% of renters could be facing eviction

Source: CNBC News

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