CITY of ALBUQUERQUE
TWENTY FOURTH COUNCIL
COUNCIL BILL NO. R-20-91 ENACTMENT NO. ________________________
SPONSORED BY: Klarissa J. Pe?a
RESOLUTION
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Approving Fiscal Year 2021 Appropriations To Supplement Funding For Eviction Prevention Assistance Programs During The Public Health Emergency (Pe?a)
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APPROVING FISCAL YEAR 2021 APPROPRIATIONS TO SUPPLEMENT FUNDING FOR EVICTION PREVENTION ASSISTANCE PROGRAMS DURING THE PUBLIC HEALTH EMERGENCY.
WHEREAS, the COVID-19 Pandemic struck amid a severe affordable housing crisis in the United States and locally in Albuquerque; and
WHEREAS, according to the latest analysis of weekly U.S. Census data, "as federal, state and local protections and resources expire and in the absence of robust and swift intervention, an estimated 30-40 million people in America could be at risk of eviction in the next several months."; and
WHEREAS, in the early weeks of the pandemic in the U.S., researchers at the Terner Center at the University of California, the Urban Institute, the Joint Center for Housing at Harvard, the National Low Income Housing Coalition and the Furman Center at NYU separately estimated that the number of at-risk renter households employed in jobs that were most vulnerable to COVID-19-related job loss were between 27% and 34% of renter families; and
WHEREAS, according to the most recent U.S. Census Bureau Household Pulse Survey (Week 12), 18.3% of renters nationally report that they were unable to pay July's rent on time. Forty-three percent of renter households with children and 33% of all renter households have slight or no confidence that they can pay August rent on time. Among renter households earning less than $35,000 per year, 42% have slight or no confidence in their ability to pay next month's rent; and
WHEREAS, incomes have remained flat for many Americans over the last two decades, but median asking rents have increased by 70 percent, adjusting for inf...
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