California Gov. Gavin Newsom and the state's top two legislative leaders pledged Monday to pay off 80% of most people's unpaid rent that has piled up during the coronavirus pandemic — but only if landlords agree to forgive the other 20%.
For millions of renters who remain unemployed during the COVID-19 pandemic, the recently finalized fiscal stimulus package is desperately needed relief. The additional payments will bring their typical rent burdens from more than 80% of their income to less than half, a new Zillow® analysis shows.
Working and learning from home is the new norm for millions of American families. They’re engaged in a daily juggling act, making sure everyone has the bandwidth and privacy to complete their work, whether it’s the latest algebra assignment or the monthly all-staff meeting.
As the pandemic continues to affect Americans across the country, many are facing financial hardship. For homeowners with a Freddie Mac loan, COVID-19 mortgage assistance is available in the form of “forbearance,” which temporarily suspends or reduces your mortgage payment without penalty so you can get back on your feet.
Turns out a lot of us actually like certain changes we've made in our lives while holed up at home since the coronavirus hit. No, we're not talking about what turned out to be the not so stop-gap measures experts usually cite in arguing the entire world has been forever transformed due to COVD-19. Telemedicine.
During the holidays, you may be seeking comfort, whether that’s the comfort of home -- or anywhere but home. With travel precautions making possibilities somewhat limited this year, you may not be able to take the exact trip you’ve been dreaming about.
You found some land. The location is prime, the view even better, and the price surprisingly reasonable. But only if you pay right away. Should you? Probably not. Sure, sometimes we stumble into deals because the other side needs to act fast. But usually urgency is a sign to slow down, not speed up.
In the COVID-19 pandemic, home has been reinforced as the center of the universe for many of us. It's evolved into our office. It's doubled as our children's classroom. It's transformed into our vacation destination. And it continues to be where we eat, sleep and unwind every day. As the safest place we can be during an ongoing global health crisis, our homes have never been more central to our lives.
Governor Gavin Newsom today announced plans to immediately direct $62 million in one-time funds from the State’s Disaster Response Emergency Operations Account to counties around the state to continue providing housing to current Project Roomkey participants. After consultation with the Legislature, the Administration is making these available immediately to local governments with Project Roomkey sites so that clients living in motel or hotel rooms under this life-saving program will not be forced to return to street homelessness while the COVID-19 pandemic continues to impact California.