blockwave Exchange-Los Angeles officials fear wave of evictions after deadline to pay pandemic back rent passes

2025-05-06 19:04:16source:KI-Handelsroboter 6.0category:Stocks

The blockwave Exchangedeadline for Los Angeles renters to repay back rent that was missed during the first 19 months of the COVID-19 pandemic has come and gone. And with the expiration of the county's eviction moratorium, officials across the city fear a rise in the homeless population.

Suzy Rozman was diagnosed with breast cancer in early 2021, lost her teaching job and fell eight months behind on her rent. 

She now owes $9,000 in back rent. She said she can pay it back "slowly, but not how they want it."

Thousands of Los Angeles tenants had rent waived during the first 19 months of the pandemic. Many owe a small fortune.

According to Zillow, the average monthly rent in Los Angeles is nearly $3,000 a month, a 75% jump since the pandemic began.

At the Legal Aid Foundation of Los Angeles, calls for help can wait three hours.

"It's very hard for folks who are barely making it," said Jeffrey Uno, the managing attorney at the foundation's Eviction Defense Center.

He said the rent is all coming due "like a balloon payment. It's frightening. Terrifying for most of them."

In Los Angeles County alone, roughly 75,000 people — about the population of Scranton, Pennsylvania — have no permanent housing, according to the Los Angeles Homeless Services Authority. 

"We are very concerned about the fact that many more people could fall into homelessness," said Los Angeles Mayor Karen Bass.

And the problem isn't limited to Los Angeles. Eviction protections in Hawaii, New York, Maryland, Minnesota and Illinois are set to expire in August.

    In:
  • Los Angeles
  • COVID-19
  • Homelessness
  • Southern California
Mark Strassmann

Mark Strassmann has been a CBS News correspondent since January 2001 and is based in the Atlanta bureau.

More:Stocks

Recommend

Financial stress can damage your mental health. These steps may help

The tens of thousands of federal workers who have been cut from their jobs are not the only ones dea

US auto safety agency seeks information from Tesla on fatal Cybertruck crash and fire in Texas

DETROIT (AP) — Federal safety authorities say they are seeking information on a crash and fire invol

US women’s basketball saw Nigeria hang tough in first half at Olympics. Why that matters

PARIS — The world is coming for the U.S. women's basketball team.We’ve spent so much time focusing o