California Democrats say 10-year rent-relief plan ‘not a giveaway’
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California Democrats on Tuesday proposed giving tenants struggling during the coronavirus pandemic 10 years to pay their rent.
The state would purchase unpaid rents and allow renters a decade, starting in 2024, to pay it back without interest, under the proposal by Senate President Pro Tem Toni Atkins, tthe Sacramento Bee reported. Landlords would receive a tax credit dependent on committing to not evict tenants.
“This is not a giveaway,” Democratic state Sen. Steven Bradford said, according to The Associated Press. “Our goal is to keep tenants houses and keep landlords out of foreclosure.”
More than 4 million Californians have filed for unemployment benefits since Democratic Gov. Gavin Newsom issued a stay-at-home order March 19, the AP reported, prompting state and local officials to seek ways to delay evictions.
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