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Report finds COVID-19 could spur potential housing crisis

A recent report by the Illinois Government and Public Affairs highlights a potential housing crisis which could have severe effects on the low-income rental market.

According to the report, the variety eviction moratoria laws at the state and federal levels have prevented a large-scale crisis. As the economic effects of the COVID-19 pandemic begin to subside, a substantial amount of low-income tenants still face the threat of eviction once the eviction bans expire.

The moratorium in the state of Illinois is set to expire on May 1, while the federal moratorium lasts until June 30 and only applies to federally subsidized properties. According to the report, approximately 28% of U.S. rental units fall under the federal eviction ban.

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