Paying The Rent
The National Multifamily Housing Council reported last month that nearly one-third of apartment renters in the country had not paid their rent in April. The numbers were slightly better in North Carolina, but they are on track to be worse this month. Gov. Roy Cooper signed two emergency funding bills today that could help, but the pandemic has forced tenants and landlords to come up with answers mostly on the fly.
Today, we examine how rentals have changed during the pandemic and get a glimpse of how tenants are coping and how landlords are adapting in Durham, a city where the housing market has been booming, but where most tenants were already spending more than 30% of their incomes on rent.
We speak with Peter Gilbert, supervising attorney at Legal Aid of North Carolina in the Durham eviction diversion program, and Michelle Ketchum, owner of Acorn and Oak Property Management Company in Durham.