Biden calls for $30 billion more in rental assistance and extending eviction ban

U.S. President-elect Joe Biden.
Chip Somodevilla | Getty Images
President-elect Joe Biden called on Congress to pass a range of protections and financial relief for Americans at risk of losing their homes because of the coronavirus pandemic.
To stop a wave of evictions, Biden plans to ask lawmakers to approve $30 billion in rental assistance on top of the $25 billion in aid approved in the most recent $900 billion stimulus package, according to a briefing document distributed prior to the president-elect’s Thursday night speech.
Another $5 billion would go toward finding those experiencing or at risk of homelessness secure housing, and a fund would help individuals facing eviction get legal assistance.
More from Personal Finance:
Interest rates tank as Americans start to save more
Being unemployed in 2020 could lead to surprise tax bill
How to switch your Medicare Advantage Plan …continued .
[Source: CNBC News]