Eviction moratorium likely to be extended

With the CDC's moratorium on evictions set to expire in a week's time, the Biden administration is expected to order an extension to the end of July.

Six million American families are behind on rent and at risk of being homeless this summer, according to the National Low Income Housing Coalition.

While nearly $50 billion has been allocated during the pandemic, some states have only released four percent of their funds.

The funding can also save some mom-and-pop landlords who are on the brink of bankruptcy due to months of lost payments.

If the Biden administration acts as expected, it will mark the fourth time the deadline for lifting the ban on evictions has been pushed back.