COVID-19 and Housing Insecurity
May 18, 2021
As the COVID-19 pandemic continues, housing insecurity has increased. With over 20 million Americans having lost jobs or experienced pay cuts, access to stable and affordable housing has become increasingly important. Housing insecurity is defined by the Urban Institute as missing or deferring rent or mortgage payments or having little confidence in one’s ability to make rent or mortgage payments. An August 2020 study by the Center for Economic Policy Research (CEPR) reported that nearly one in three renters experienced housing insecurity each week from late April 2020 to July 2020.