Struggling Rental Market and Mass Evictions Could Usher in Next American Housing Crisis

Millions of renters are behind on their payments; large-scale evictions could come soon

In a Wall Street Journal article, journalist Will Parker states that fallout from missed rent payments is threatening a large swath of the U.S population, as the expiration of eviction bans draws near.

A large number of renters have been unable to pay some or even all of their rent since March, when the pandemic temporarily shut down most businesses. Many businesses remain closed or only partially open, pushing renters into unemployment and draining their savings.

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For over 45 years, Trellis has been helping the most vulnerable and under-served members of the Phoenix community. Through financial education and planning, home buying assistance, and an array of lending options, Trellis has guided many people through fiscal difficulties, including averting the threat of eviction.

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