Fannie Mae says including loan applicant's rental payment history could help correct past housing inequities.
A study finds that the disparity is the worst in California cities.
The local program recently eliminated landlord participation as a requirement for renters to receive funding, so the payments can go directly to renters.
So where's the $25 billion in rental relief approved in the last COVID-19 relief package?
Property owners unable to collect rent are struggling to pay their own bills.
Even though hundreds of millions in aid from the CARES Act went unspent.
Even if someone manages to avoid or recover from an eviction, unpaid rent can have a damaging effect that lasts for years.
The lowest-income households were more likely to lose wages and fall behind on rent.
Nearly two-thirds of renters fear being unable to pay.