January 19, 2021

Biden Plan Calls for $25B in Rental Assistance, Extending Eviction Ban

President-elect Joe Biden announced a $1.9 trillion stimulus plan on Thursday night that called for a range of aid—including several housing-related proposals—to help households further fend off the economic impact of the COVID-19 pandemic. Biden’s plan calls for extending the national eviction and foreclosure moratorium until Sept. 30. It also includes $25 billion more in rental assistance to help the nation’s landlords and $5 billion in homelessness protection. That is on top of the $25 billion in aid that was approved in last month’s $900 billion stimulus package.

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