HousingWire: (U.S. Cities Are Taking Action on Halting Evictions)
Amid growing concerns over the potential economic fallout of the coronavirus outbreak on Silicon Valley businesses and residents, San Jose city leaders are moving forward with a temporary moratorium on the evictions of tenants facing significant financial burdens due to the global pandemic.
The moratorium, which is expected to receive final approval from the San Jose City Council in the next week or two, will be in effect for at least 30 days and protect residents who can document that they cannot pay rent due to a substantial loss of income related to the virus. The city will evaluate extending the eviction moratorium in a month after it goes into effect.
The council Tuesday night directed staff to draft the moratorium in the wake of the growing number of canceled events around the Bay and just a day after Santa Clara County issued a mandatory ban of large gatherings and organizations.
“I am very mindful that this is going to be a source of pain for some property owners,” Mayor Sam Liccardo said. “But I think it’s important for us to recognize that this pain is going to be broadly felt and we have to do everything in our power to try and soften the blow.”
For full report, please click the source link above.