Eviction fear mounts nationwide, magnifying America’s housing crisis. Housing experts predict a mass wave of evictions following the end of the nationwide moratorium. Right now, many families face the possibility of losing their homes from coast to coast. Moreover, experts predict renters in the Southeast could face the biggest wave of evictions.
Al.com shared a recent Lending Tree study that found Alabama renters are more scared of eviction than renters in any other state. Analysts researched 2020 Census Data finding 42% of renters in Alabama expect to be evicted by the end of the year.
The study also found the following:
- Nineteen percent of Alabama renters reported being behind on rent to the U.S. Census Bureau.
- Seventy percent of those Alabama renters reported an impending eviction in the next two months.
- Black and Latino Americans face the biggest risk of eviction nationwide.
- Thirty-five percent of Black Americans face eviction compared to 19 percent of White Americans.
- Women face a 35 percent chance of eviction compared to 22 percent of Men nationwide.
Free Resources are still available to anyone who may need rental assistance no matter where you live.
Eviction Fear: Fueled by a Larger Problem?
Al.com also spoke with Lending Tree senior research analyst Nick VinZant, about the mounting eviction fear. He says a lack of affordable housing is contributing to eviction fear in Alabama.
“We need to get really at the heart of the problem, and the only way to really address that is to have more affordable housing, and that needs to be, not only a county, but a state and nationwide priority.”Nick VinZant – Senior Research Analyst, Lending Tree
Nationwide, HUD is using funds from The American Rescue Plan to address the ongoing issue of housing affordability. Specifically, more than $150 Billion will be used to renovate and build new, affordable housing options in communities across the country. Navigate Affordable Housing Partners is also addressing the Housing Affordability Crisis. Our mission is to invest in communities, provide quality housing options, and offer services to benefit the entire housing industry.