‘Masks Are Coming Off, But the CA Housing Industry Remains Unstable’ – IERC Provides Housing Counseling to Keep You In Your Home
Millions of California homeowners face foreclosure, eviction, and never being able to afford to buy their own home.
Millions of California homeowners face foreclosure, eviction, and never being able to afford to buy their own home.
The city is still in an emergency condition, Garcetti emphasized the need for physical distancing, face coverings, and extreme attentiveness to hygienic practices. Lives are at stake and each day more are at risk; the pandemic has gotten worse across the country. The mayor admittedly stated, “we never had so many people infected or infectious.” L.A. is on the border of level ‘red’ indicating severe conditions.
Monday, July 13, the highly anticipated renter’s assistance program is looking to roll out. 100-million dollars will go directly to landlords and help tenants. Providing $2,000 to the “hardest hit” households and looking to amplify financial relief to both tenants and property owners. Eligible tenants will have to do three things: Live in the city of L.A., show the financial impact of COVID-19, and earn less than 80% of the average income in the area.
Mayor Garcetti is looking for ways to change the narrative for underserved and overlooked groups within the city, through multiple levels of resources that include renters assistance, Angeleno Cards, and a number of programs geared towards families that are currently experiencing their darkest days.Garcetti declared 100-million dollars towards renters relief program.
Supervisor Hilda Solis allocated 1.6 million dollars towards rental assistance for her district. The first district includes downtown L.A., Pomona, Eagle Rock, and South Gate. The relief will be three thousand dollars over the course of three months.