Federal judge overturns national eviction ban

News

An eviction notice in Los Angeles.
Lucy Nicholson | Reuters

Federal Judge Dabney Friedrich struck down on Wednesday the national eviction moratorium, potentially leaving millions of Americans at risk of losing their homes.

The Centers for Disease Control and Prevention has banned most evictions across the country since September. President Joe Biden extended that protection to renters until July.

Some 1 in 5 renters across the U.S. are behind on their payments amid the pandemic, and states are scrambling to disburse more than $45 billion in rental assistance.

More from Personal Finance:
How Biden’s capital gains proposal may hit middle-class home seller
Biden’s inherited real estate tax may impact more people than just the wealthy
How Biden’s real estate tax plan may hit smaller property investors

Housing advocates have said that the national ban is necessary to stave off an unprecedented displacement of Americans, which could worsen the pandemic just as the country is turning a corner.

At least two federal judges have questioned the CDC’s power to ban evictions. And property owners have criticized the policy and say landlords can’t afford to continue housing people for free.

This is a breaking news story. Please check back for updates.

Articles You May Like

The Co-Brokerage System Is Under Attack – And The Beneficiaries Are Not Who You Might Think
Five Steps To Make Your Best Offer In An Exploding Housing Market
July 2021 | Las Vegas Real Estate Market Update
Is Now A Good Time To Sell Our House?
Buying a Property in Spain: The Five Steps To Take Before Searching for Spanish Property

Leave a Reply

Your email address will not be published. Required fields are marked *