August Rent Payments Hit 79 Percent: NMHC


Multi-Housing News (August 10, 2020) -- More than 79 percent of U.S. rental households have made rent payments as of Aug. 6, according to the latest report from the National Multifamily Housing Council. The report comes amid stalled negotiations in Congress over the latest stimulus relief package and days after President Trump announced an executive order surrounding evictions and unemployment benefits.

According to the study, 79.3 percent of rental households made full or partial rent payments in the first week of August, a 1.9 percentage point decrease from the same time period last year and a slight increase from the same time period last month, when 77.4 percent of renters had paid by July 6.

Read more at: Multi-Housing News