Days from the end of enhanced unemployment benefits and a federal eviction moratorium, 24 million Americans say they have little to no chance of being able to pay next month’s rent, a U.S. Census Bureau survey shows.
A disproportionate share of those in danger come from Black and Hispanic households, two groups who have borne the brunt ofPercentage of people not confident in paying August rent compared with percent who could not pay in July
“We're about to fall off a massive cliff and see a major spike in evictions,” said Alanna McCargo, vice president of housing finance policy at the Urban Institute. . Hispanic renters are facing similar economic strain, with 22% stating they missed last month’s rent and 46% fearing they won’t be able to make rent next month.Those figures are roughly double what white renters reported, with about 13% saying they couldn’t make rent last month and 23% fearing they won’t have the money for next month’s rent.
“Our housing system reflects tremendous disparities in race. And people of color are most at risk for evictions,” said Diane Yentel, president of the National Low Income Housing Coalition. “These inequities are being compounded by COVID-19.”that covers renters living in buildings with federally backed mortgages expires Friday, and the additional $600 per week in pandemic unemployment aid ends July 25.
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