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NMHC: 92% of Apartment Households Paid Rent as of June 20
The Washington D.C.-based National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found that 92% of apartment households made a full or partial rent payment by June 20 in its survey of 11.4 million units of professionally-managed apartment units across the country.
The share is unchanged from the amount of households that paid rent through June 20, 2019, and compares to 90% that had paid by May 20, 2020.
“With the support of expanded unemployment benefits, stimulus funds and significant efforts by apartment community owners and operators to help residents impacted by the outbreak of COVID-19 and resulting financial hardships, it seems most renters were once again able to meet their obligations,” said Doug Bibby, president at NMHC.
“The early steps taken by lawmakers have proven critical to keeping many safely and securely housed. As we move forward and the economy begins to recover, it will be vitally important that lawmakers continue to support the nation’s renters and forestall even greater economic harm.”
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