NEW YORK, NY – On Tuesday, October 27, the New York Fed, in collaboration with the NYU Furman Center, will convene a virtual forum on COVID-19's effects on residential and commercial evictions. This event will be the New York Fed's fourth installment of its policy series on economic inequality.
Titled "The COVID-19 Eviction Cliff -- Who's Affected and How to Mitigate Short- and Long-term Crises?," the event will highlight insights on housing, commercial leases, and evictions and include conversations with researchers, government, think tanks and nonprofit leaders.
The pandemic and its associated job losses have limited renters' ability to pay monthly expenses and landlords' ability to keep current on mortgages. Both sources of uncertainty threaten neighborhood safety and stability, which looms as New York State's and the Center for Disease Control's temporary halts on evictions are set to expire soon. Finding a solution to avert widespread evictions is critical to avoid magnifying existing racial, gender, and economic disparities.
The event will feature two panels. The first will focus on data on renters and landlords to see who is in crisis. The second panel will .
The New York Fed's Economic Inequality Policy Series convenes researchers, community stakeholders and policymakers to explore the impact of economic inequality on households and communities nationwide. More information on the series, as well as additional data and resources, can be found on the New York Fed's Economic Inequality and Equitable Growth Hub.
The event is open to the public and the press, though space is limited. Members of the public can register here. Members of the press who wish to attend should contact Andrea Priest at andrea.priest@ny.frb.org to RSVP.
For more information on the event, including an agenda and list of speakers, see here.
