How low-income people pay the steepest price when inflation hits
• The annual inflation rate likely eased somewhat in April, but not enough to meaningfully reduce the burden on lower-income Americans.
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• The annual inflation rate likely eased somewhat in April, but not enough to meaningfully reduce the burden on lower-income Americans.
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• Apartment rental rates are skyrocketing across the country, but Florida’s rent increase was higher than any other state’s. It’s up by 30 percent since this time last year, with the biggest jumps found in Orlando, Tampa, and Miami. Economic analyst Hank Fishkind explains why the rents are climbing in Central Florida, and what can be done to slow them down.
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• The end of tenant protections on July 31 has raised concerns that thousands of Florida residents will be unable to afford their monthly rent and face eviction.
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• The Centers for Disease Control and Prevention says the pandemic presented a historic threat.
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• To qualify for assistance, applicants must meet certain income thresholds.
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• The city of Orlando will open up an online portal for people to apply for rental assistance. The portal opens Tuesday morning at 8am.
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• A statewide eviction and foreclosure moratorium is scheduled to expire Wednesday.
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