One Third Of American Renters Impacted By Covid 19 Did Not Pay Rent In April Report
The NMHC’s review of data collected from 13.4 million apartment units in the U.S. revealed a 12 percent decrease in the number of apartment households that paid rent, compared with last month, which saw 81 percent pay their rent through March 5. Around 82 percent were reported to have paid rent around the same time last year, NMHC reports. “The COVID-19 outbreak has resulted in significant health and financial challenges for apartment residents and multifamily owners, operators and employees in communities across the country,” said the president of NMHC, Doug Bibby....