October Rent Payments Hit 79 Percent: NMHC

Article originally posted on HERE on October 9, 2020

More than 79 percent of U.S. rental households have made rent payments as of Oct. 6, according to a just-released report on rent collections from the National Multifamily Housing Council.

The report comes more than a month after the Trump administration announced a nationwide eviction moratorium through the end of the year and just a few days after stimulus relief talks between party leaders in Congress were called off by President Trump, alarming industry groups.

According to the study, 79.4 percent of rental households made full or partial rent payments by Oct. 6, a figure unchanged from the same time period last year and a 3 percent increase from the same time period last month, when 76.4 percent of renters had made payments by Sept. 6.

Find Complete Article Here: https://www.multihousingnews.com/post/october-rent-payments-hit-79-percent-nmhc/