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Unemployment From Government Lockdowns Throws Renters, Landlords Into Uncertainty

More than one  million Californians are behind on their rent.

That’s according to a new report by the Bay Area Equity Atlas and Housing NOW! California.

As of the end of December 2020, three-point-seven-billion-dollars in back rent was owed.

Advocates for both renters and landlords call it a nightmare.

In January 2021, the California Legislature did pass a bill allocating two-point-six-billion-dollars in federal tax funds to partially reimburse property owners and protect renters from eviction during the pandemic.

It pays landlords up to 80-percent of the rent due if they agree to forgive the other 20-percent owed between April 1st of 202 and March 31st of 2021.

If a landlord does not agree to those stipulations,  renters are protected from eviction if they pay at least 25-percent of the rent.

Starting July 1st 2021, landlords can  go to court to try to recover the rest of the rent they are owed.

 

 

Image of a red and white for rent sign that is blank. The sign is posted in front of a home that is being rented out. Part of the home as well as a bush can be seen behind the real estate sign.

Photo by Alpha Media USA via Getty Images

 

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