Home Foreclosure Boston bans evictions, creates foreclosure prevention fund – NBC Boston

Boston bans evictions, creates foreclosure prevention fund – NBC Boston


Boston on Tuesday declared a moratorium on evictions in the city and is working to set up a $ 5 million fund to prevent foreclosures, officials said.

The move comes less than a week after the U.S. Supreme Court overturned the federal moratorium on evictions, allowing evictions to resume.

“The loss of federal eviction protections and the ongoing pandemic have put our most vulnerable neighbors at risk of losing their homes,” Mayor Kim Janey said in an announcement video.

The moratorium on evictions goes into effect immediately, temporarily preventing tenants from being evicted by landlords and landlords, according to a city announcement, while details on the Foreclosure Prevention Fund will be released next week.

The Supreme Court has blocked the temporary ban on President Biden’s deportations, put in place due to the coronavirus pandemic.

The fund will help eligible homeowners with late payments like mortgages, insurance and condominium fees pay for these costs using federal COVID relief funding.

“The city is already putting rent relief in the hands of residents hit hard by the pandemic, and we are doing it faster than the Commonwealth and the country as a whole,” Janey said, citing an injection of $ 50 million. dollars in the city’s rental fund. this March.

The announcement cited the rise of the delta variant of COVID, which is fueling an increase in the number of cases, hospitalizations and deaths in Boston, Massachusetts and the United States.

Earlier Tuesday, Janey announced a $ 9.4 million investment in COVID relief funds for restaurants and small businesses in Boston.

“This program aims to help Boston’s economy turn around by providing incentives for our workers and ensuring our business owners have all the resources they need for a successful reopening,” Janey said in a statement.

Restaurant owners can apply for $ 5,000 to cover business expenses like rent and wages, while restaurants whose employees receive tips can apply for grants of $ 15,000 to increase their wages to 12.75 $ per hour. The city will also offer retention bonuses of $ 900, as well as tuition assistance for colleges and training programs.

The Small Business Assistance Fund reopens a fund launched last year, offering up to $ 20,000 to small businesses by covering debts and supporting investments.

Those interested in applying can visit boston.gov/small-business to do it from Wednesday, September 8.

With $ 435 million in federal funding earmarked for Boston as part of the COVID-19 relief program, Representative Stephen Lynch criticizes service cuts at the MBTA.


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