The National Multifamily Housing Council (NMHC) found a 12-percentage point decrease in the share of apartment households that paid rent through April 5, in the first review of the effect of the COVID-19 outbreak on rent payments. The Tracker found 69 percent of households had paid their rent by April 5; this compares to 81 percent that had paid by March 5, 2020, and 82 percent that had paid by the same time last year. Read more…
SACRAMENTO, Calif. (CN) — With a statewide moratorium on eviction and foreclosure cases set to expire Tuesday, the California Legislature… Read more »
California Secretary of State Alex Padilla formally assigned an official number for a California rent control ballot initiative, which will… Read more »
The end to supplemental payments and a rising number of Covid-19 infections could knock multifamily down a few notches. … Read more »
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