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Massachusetts Article

Report: With September Rents And Mortgages Nearly Due, Mass. Residents Are Short $117 Million

Report: With September Rents And Mortgages Nearly Due, Mass. Residents Are Short $117 Million

WBUR’s Beth Healy outlines what a new report from the Metropolitan Area Planning Council could mean for housing affordability in the region.

With September rent and mortgage payments due in less than a week, nearly 109,000 Massachusetts households will need help to make those payments, a new analysis finds.

According to a report by the Metropolitan Area Planning Council, unemployed people across the state will need $117 million a month in housing assistance. And without the $600 additional federal jobless payments that ended after July, that need is no longer hypothetical, but very real.

Renters face the greatest urgency, representing 61,000 households and $57.2 million of the total.

“Before it was, ‘Warning, warning, warning.’ Now it’s here,” said Sarah Philbrick, an analyst at MAPC in Boston. “Renters can’t be evicted now, but they’re still going to owe that money when the moratorium ends, or face eviction.”

Read more here.

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