Rents Rebounding Across US
It seems the days of tumbling rents due to COVID-19 are long gone. The national median rent increased 11.4% since the beginning of the year and is now 9.4% above the pre-pandemic national median rent in March 2020, according to the latest report from Apartment List.
Landlord and Rental Resource Fair Scheduled Monday
Monday Evening Zoom Event
People’s Emergency Center (PEC) is sponsoring a workshop on Monday, September 20th from 6:30 – 8:00 pm that will provide useful information for small landlords. Presentations will be provided on the Eviction Diversion Program, PHL Rent Assist Phase IV, the Impact Loan Fund, and the Fair Housing Commission.
When: Monday, September 20, 2021, 6:30 – 8:00 pm
Where: Zoom Meeting ID: 851 8145 9033
Passcode: 677606
One tap mobile: 13126266799
More Money To Help Philly Landlords May Be On the Way
With just two weeks before existing funding set to run out, the head of Philadelphia’s Emergency Rental Assistance Program said Friday that he is hopeful more money could be coming quickly. Greg Heller, the Executive Director of the Philadelphia Redevelopment Authority, said an additional $50 million dollars could be on the way from the state and federal governments. Nearly 56,000 households applied for assistance in Philadelphia, but, to date, $99.9 million has helped just 13,454 households. The city only has $15 million remaining. “We are hopeful that additional dollars will arrive before we exhaust those remaining funds!” Heller said. Philadelphia’s program was featured on CNN this morning.