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Washington DC & Mid-Atlantic  + Apartments  | 

NMHC: 87% of Apartment Households Paid Rent as of August 13

The Washington D.C.-based National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found that 86.9% of apartment households made a full or partial rent payment by August 13 in its survey of 11.4 million units of professionally-managed apartment units across the country.

The number represents a 2-percentage point decrease from the share who paid rent through August 13, 2019 and compares to 87.6% that had paid by July 13, 2020.

“While NMHC’s Rent Payment Tracker continues to show that many residents have continued to meet their monthly housing obligations, that is due in large part to the relief enacted under the CARES Act,” said Doug Bibby, NMHC President. “With that support now having expired more than two weeks ago, households across the country are grappling with even greater financial distress. We strongly urge Congressional leaders and administration officials to extend critical unemployment benefits and create a rental assistance fund so that America’s tens of millions of apartment residents can remain safely and securely housed.”

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

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