Headline Roundup April 30, 2020
Coronavirus Pandemic Incites Rent Strike
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NBC News Digital
Kenia Alcocer is used to sitting down at the kitchen table to crunch her family's monthly budget and figure out how she can make ends meet.
But this month is different. Alcocer, 34, gave birth in January to her second child, a boy named Genaro, whose numerous health issues have added a huge financial strain on her family. Now, with the coronavirus pandemic putting millions of people out of work and increasing financial anxiety across the country, she doesn't think she'll be able to make rent.
"I'm having to choose...
Mounting economic fallout from the pandemic is fueling apartment landlords’ concerns that more tenants will struggle to make their rent payments, even after most managed to come up with the money for April.
“May 1 will be a bigger watershed,” said John Pawlowski, a senior analyst at real estate research firm Green Street Advisors. “Think about when the job losses started accelerating.”
Only 69% of renters had made a full or partial payment during the first week of April, according to the National Multifamily Housing Council, a trade group for...
New York Post (News)
Rep. Alexandria Ocasio-Cortez on Monday called for state and federal rent cancellations for tenants struggling to pay their bills during the coronavirus pandemic.
“We need to make sure that rent cancellation happens on the state and federal level,” Ocasio-Cortez said during a virtual town hall hosted by New York tenant advocacy organizations.
The Democratic lawmaker said that in private conversations she’s pressed Gov. Andrew Cuomo to pass such a policy.
“If the next step is to now escalate and make these requests publicly, I am fine doing that,” said Ocasio-Cortez.
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