The coronavirus affects people’s ability to pay rent, and many were struggling to afford housing prior to the pandemic —in 2018, nearly half of all renters in the U.S. spent 30 percent or more of their income on housing.
A recent report from the Urban Institute recommends that state, local, and federal government agencies provide financial assistance to renters. Such support would also benefit landlords, who rely on rent to pay mortgages and maintain their properties.