At least 10,000 Â鶹´«Ã½ families will experience housing cost burdens created by the COVID-19 pandemic through 2021, in addition to the normal strains of the state¡¯s housing market, according to new findings released by the (UHERO).
Philip Garboden, Â鶹´«Ã½ Community Reinvestment Corporation professor in affordable housing, and assistant professor in UHERO and the in the ; and Isabelle Picciotto, UHERO graduate research assistant, also said that rental assistance needs by some households will be extended and last beyond 2021.
They suggested the need for a policy intervention that moves beyond a single influx of cash assistance to one that adjusts to household needs as the economy recovers. Garboden and Picciotto said that much remains unknown regarding the state¡¯s economy, and their findings should be interpreted as rough estimates to help guide contingency planning.
UHERO first looked at the impact of the COVID-19 economic downturn on renters in summer 2020. Since then, new outbreaks, locally and nationally, and a continued delay in a second round of relief from the federal government, have preempted hopes for a steady economic recovery.
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UHERO is housed in the College of Social Sciences.