California to Use Federal Money to Pay All Back Rent for Low-Income Residents

[mystery-ak]

California to Use Federal Money to Pay All Back Rent for Low-Income Residents

Joel B. Pollak 22 Jun 2021

The State of California will use federal “COVID relief” money to pay all of the back rent owed to landlords by qualifying residents during the coronavirus pandemic — plus electricity and water bills that may have gone unpaid.

The state enjoys a $75.7 billion budget surplus — before counting the $26.6 billion it has received from the federal government.

President Joe Biden signed a $1.9 trillion relief bill earlier this year, ostensibly because states like California needed help — but the state is awash in cash, thanks to an economic recovery that began under President Donald Trump and earlier relief bills.

California still has the highest debt of any state, with roughly $363 billion in estimated liabilities in 2019, according to Forbes.

Still, Governor Gavin Newsom, facing a recall election, has promised more stimulus checks of $600 for two-thirds of Californians, and the state legislature is about to provide even more money.

more
https://www.breitbart.com/economy/2021/06/22/california-to-use-federal-money-to-pay-all-back-rent-for-low-income-residents/

[Kamaji]

What counts as a "qualifying resident"?  Most likely, it means "whites need not apply".

[mystery-ak]

Nolte: Only Suckers Paid Their Rent in California
With his new rent bailout program, embattled California Governor Gavin Newsom has figured out a way to spend $5.2 billion to bail out wealthy property owners while pretending to help the little guy.

“The State of California will use federal ‘COVID relief’ money to pay all of the back rent owed to landlords by qualifying residents during the coronavirus pandemic,” reports Breitbart’s Joel Pollak, “plus electricity and water bills that may have gone unpaid.”

The keyword there is “qualifying.”

How do you “qualify” to have your rent paid by the country’s taxpayers (remember: this is federal bailout money)?

Get this…

“The state’s separate rental relief program would be available to residents who earn no more than 80 percent of the median income in their area and who can show pandemic-related financial hardship,” reports the far-left New York Times. “In San Francisco, a family of four would have to earn less than $146,350 to qualify.”

more


https://www.breitbart.com/politics/2021/06/23/nolte-only-suckers-paid-their-rent-in-california/

[catfish1957]

So our taxes are now subsidizing dead beat renters in CA?  My response would probably get me banned. 

[PeteS in CA]

... bail out wealthy property owners ...

   Breitbart.com knows all or most of the property owners with deadbeat tenants are "wealthy"?   How did Breitbart.com determine that?   Did Breitbart.com get asset statements from every property owner with deadbeat tenants?

Why is a supposedly conservative-ish news source playing the economic envy card?!