Real Estate

New York City housing advocates and tenants march to demand Gov. Andrew Cuomo cancel rent amid the pandemic on Oct. 10, 2020.
Andrew Lichtenstein | Corbis News | Getty Images

A U.S. judge rejected on Friday a request by landlord groups to block the Centers for Disease Control and Prevention’s new eviction moratorium.

The decision by U.S. District Judge Dabney Friedrich is a win for the Biden administration.

More than 11 million Americans remain behind on their rent, moving the CDC to issue a new eviction ban earlier this month after its previous one expired on July 31. That protection applies until Oct. 3 and to places where Covid rates remain high.

Realtor groups are likely to appeal Friedrich’s decision.

More from Personal Finance:
Federal rental assistance still not reaching people
There are six more months free of federal student loan payments
Make these financial moves before quitting your job

The CDC’s eviction ban has faced numerous legal challenges and landlords have criticized it, saying they can’t afford to house people for free or shoulder the country’s massive rental arrears. On Thursday, the U.S. Supreme Court struck down at least part of New York’s eviction moratorium.

Housing advocates say evictions must be barred until states distribute the $45 billion in rental assistance allocated by Congress. Just around $4.2 billion of that money has reached households, according to a recent analysis by the National Low Income Housing Coalition.

“It’s imperative that cities and states deliver the rental assistance to at risk communities as quickly as possible to prevent eviction and the consequences for public health across all of our communities,” said  Emily Benfer, a visiting professor of law at Wake Forest University.

Articles You May Like

Hedge funds performed better under Democratic presidents than Republican ones, history shows
Anatomy of a deal: Brightline’s Innovative Finance winner
Ethereum hits $3.2K, surpassing Bank of America market cap
Retirement centers resolve bond default
BlackRock expands its tokenized money market fund to Polygon and other blockchains