There are widespread household struggles and uncertainties stemming from the COVID-19 pandemic, the National Multifamily Housing Council reports. And the data from their report illuminates the need for a federal renter assistance payment program that will provide relief to affected households and help stabilize the housing and financial systems. Here's why this matters.
According to the data in the NMHC report, 19.4% of all renters that responded to The US Census Bureau's new weekly survey, aptly named the Household Pulse Survey, were unable to pay their rent on time or deferred their rent last month. (Note this is not an overall monthly rent payment measure.)
The Census Bureau, so far released three weeks of data and their most recent round of data from May 14-19 garnered approximately 133,000 responses (respondent age range 18-65+).
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