California to pay off unpaid rent accrued during COVID-19 pandemic

California will pay off the accumulated unpaid rent that has piled up during the COVID-19 pandemic, the AP reports.

Why it matters: The move would fulfill a promise to landlords to help them to break even, while giving renters relief, the AP writes.

The big picture: A little over 2% of people in California who have applied for rent relief during the pandemic have received it, KQED reports.

The state has accrued $5.2 billion from various federal aid packages to pay off people's rent, which should be enough to get the job done, Jason Elliott, senior counselor to Gov. Gavin Newsom (D) on housing and homelessness, told AP.

https://www.yahoo.com/news/california-pay-off-unpaid-rent-173214035.html