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COVID – 19 Relief Bill – A Review of the Housing Provisions
The Covid-19 relief bill was just posted and includes the following provisions that will impact housing: Emergency Rental Assistance – There is $25B for rental costs including back rent, forward rent (limited to 3 months at a time), utility and other qualifying housing expenses. This will be targeted to 80% Area Median Income and below…
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Palm Beach County launches coronavirus rental assistance program
Renters who have taken a financial hit because of the novel coronavirus have a new source of help. Palm Beach County’s Community Services Department on June 5 launched the Coronavirus Aid, Relief, and Economic Security (CARES) Act Coronavirus Relief Fund Rent and Utilities Assistance Program. The fund offers one-time rental and/or utility help for eligible…
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Gov. DeSantis extends moratorium on evictions and foreclosures to July 1
From The Palm Beach Post: “Just four hours before a moratorium on evictions and foreclosures was set to expire early Tuesday morning, Florida Gov. Ron DeSantis extended the freeze late Monday, sparing countless unemployed workers from homelessness as the economic devastation caused by the coronavirus pandemic continues. “‘He just felt it was in the best…
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FHFA, FHA extends foreclosure, eviction moratoriums
Foreclosure and eviction moratoriums backed by Fannie Mae, Freddie Mac, and the Federal Housing Administration (FHA) have been extended to June 30. Deadlines for all foreclosure and eviction moratoriums were set to expire on Sunday. Click here to read more…
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U.S. Rental Housing Crisis Projected to Grow with Households Paying More than 50 Percent of Income on Rent Topping 13 Million by 2025
Source: Global Newswire COLUMBIA, Md., Sept. 21, 2015 (GLOBE NEWSWIRE) — The number of households spending more than 50 percent of their income on rent is expected to rise at least 11 percent from 11.8 million to 13.1 million by 2025, according to new research by Harvard University’s Joint Center for Housing Studies (JCHS) and…
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Community Foundation of Palm Beach and Martin Counties 2013 Rental Study
Source: Community Foundation of Palm Beach and Martin Counties Improving the quality of life for Palm Beach and Martin counties residents is central to the Community Foundation’s mission. To develop proactive solutions we must understand how residents and community leaders view important issues affecting our economy and our future. With that goal in mind, the…
