Housing GSO: HRA Greensboro Affordable Housing Plan

IMPACTS OF COVID-19 ON UNEMPLOYMENT AND HOUSING

Greensboro will experience waves of housing insecurity as sources of support dry up and job loss persists. People who are already experiencing homelessness and people who are not eligible to receive unemployment insurance benefits, including undocumented workers, have the most immediate need for assistance to secure safe, affordable housing. • Wave I ( June 1, 2020): When superior court and district court proceedings resume on June 1, 2020, those who cannot access unemployment insurance and households who are unable able to pay rent, including undocumented workers, borderline homeless individuals, and those working in the informal economy, will be put at a higher risk of housing insecurity. • Wave II ( July 31, 2020): Following the expiration of the Federal Pandemic Unemployment Compensation program on 07/31/2020, unemployed households that had been reliant on the additional $600 in weekly unemployment benefits will face an increased risk of housing insecurity after CARES expires. • Wave III (December 31, 2020): Following the expiration of the Pandemic Emergency Unemployment Compensation and Pandemic Unemployment Assistance program, which expanded the benefits pool and benefits timeline, on 12/31/2020, all households still experiencing unemployment will face an increased risk of housing insecurity.

As part of its immediate response, the City should dedicate a significant portion of remaining local housing funds towards emergency rental assistance — the immediate priority should be keeping as many residents in their homes as possible.

Lifting of statewide eviction protections

Expiration of CARES Act FPUC benefits

Expiration of CARES Act PEUC and PUA benefits

1-May

1-Jun

1-Jul

1-Aug

1-Sep

1-Oct

1-Nov

1-Dec

Wave I

Wave II

Wave III

2020

2021

HR&A Advisors, Inc.

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