September 16, 2020
The Washington D.C.-based National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found that 86.2% of apartment households made a full or partial rent payment by September 13 in its survey of 11.4 million units of professionally-managed apartment units across the country.
The number represents a 2.4-percentage point decrease from the share who paid rent through September 13, 2019 and compares to 86.9% that had paid by August 13, 2020.
“While it remains clear that many apartment residents continue to prioritize their housing obligations and that apartment owners and operators remain committed to meeting them halfway with creative and nuanced approaches, the reality is that the second week of September figures shows ongoing deterioration of rent payment figures, representing hundreds of thousands of households who are increasingly at risk,” said Doug Bibby, president at NMHC.
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