Baltimore City Mayor Bernard C. “Jack” Young has committed $13 million to protect renters and provide housing stability as a result of the coronavirus pandemic.
The City’s temporary rental assistance program will be established using Community Development Block Grant-CV (CDBG-CV) from the federal CARES Act. Recently Mayor Young issued a moratorium on evictions and the City Council has passed a bill banning rent increases during the pandemic.
As announced in a press release:
The Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”), contains several housing-related provisions, including the CDBG-CV funds that localities are slated to receive. Mayor Young indicated that the program should be operational within the next few weeks.
“In addition to the human cost of families potentially becoming homeless, the eviction, shelter, and re-housing process would be a high cost for both landlords and the City,” Mayor Young said. “The use of these funds to stave off evictions potentially caused by COVID-19 will help workers who have lost their income and are behind on their rent. Protecting renters from eviction during the COVID-19 recovery phase will also help protect the city’s overall economic health.”
For more information:
Mayor Bernard C. “Jack” Young Commits $13 Million to Rental Assistance (Press Release)
City Council Passes Bill Banning Rent Increases During State of Emergency (Conduit Street)