With a nearly year-long eviction ban in place, small landlords are growing increasingly angry with the government's slow handling of rental aid
Activists hold a protest against evictions near City Hall on Aug. 11 in New York City. | Spencer Platt/Getty ImagesWashington’s pandemic response is battering the finances of independent landlords, most of whom haven’t received federal rental aid designed to keep them whole during a nearly year-long eviction ban that has forced some property owners to house tenants for free.
by implementing the ban, but she let it remain in place in place until higher courts decide its legality. Local chapters of the National Association of Realtors are suing to block the policy. White House spokesperson Emilie Simons said the administration is concerned about renters and landlords in need, citing its support for rental assistance.“Yes, the small landlords are at a disadvantage, but guess what, they know how to go to the bank, they know how to get a loan, ” House Financial Services Chair said July 30 as she rallied support for extending the eviction ban. “They know how to deal with hard times. ...
“One of the things we’ve seen in our own data is, the smaller the property, the lower the rent collections,” Parsons said, adding that buildings with fewer than 100 units have markedly lower collection rates than bigger properties. Haines said he had one tenant who did not lose her job but who refused to pay rent over the course of the pandemic before moving out in January. If a tenant has moved, the landlord cannot receive assistance to cover their back rent. Another non-paying tenant has cut off communication, which means Haines can’t file a claim for assistance on his behalf because such claims need the tenant’s signature.
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