Latest news and updates from the Common Rent team.
12/20/21 - PRESS RELEASE
In what could be a historic meeting with Massachusetts Governor Baker's housing Secretary, Undersecretary, and their technical advisors, the Common Rent team presented their detailed plan on piloting a universal statewide affordable housing system for the public and the entire industry, which would lead to a national housing system. With national owners and the cooperation of the state at no cost to them, founder and President Drew Vernalia stated "We could have working software in as little as 3 months to 6 months at the most." He passionately stated that a national affordable housing system is critical as a tidal wave of evictions and foreclosures are imminent in the wake of COVID's economic crisis. The response from the State seemed positive and there will be further discussions.
Millions face homelessness as end of eviction moratorium looms
7/24/2021 - Data shows as many as 28 million people could be evicted in the comings months amid the coronavirus pandemic. This is epic compared to about 1 million that were evicted each year following the 2008 recession.
CDC extends COVID-19 ban on most evictions for the final time through July 31
7/7/21 - This means that at the end of this month, millions of families will face foreclosure or eviction, leading to homelessness. The Common Rent App is needed now more than ever before.