Golden Sachs: Nearly 750,000 households could face eviction unless Congress acts

The reports say mass evictions will take place unless Congress passes an eviction moratorium or more funds are distributed to the Federal Emergency Rental Assistance Program.

News 12 Staff

Aug 31, 2021, 7:27 PM

Updated 1,060 days ago

Share:

Krispy Kreme is attempting to free itself from debt just a few months after making its public debut. The doughnut chain has been in debt since it began buying out franchisees over the last three years. During that period, Krispy Kreme spent over $460 million to acquire 24 franchisees and nearly 500 locations all over the world.
A new report from Goldman Sachs estimates that nearly 750,000 households could face eviction later this year unless Congress acts. The report says mass evictions will take place unless Congress passes an eviction moratorium or more funds are distributed to the Federal Emergency Rental Assistance Program.
The NFL says it supports a vaccine mandate for players following COVID outbreaks among some teams. According to the league, 93% of players are vaccinated and 68 people tested positive between Aug. 1 and Aug. 21.


More from News 12
2:10
Boar’s Head deli meat recalled for potential listeria contamination

Boar’s Head deli meat recalled for potential listeria contamination

2:16
Fire at Fair Lawn strip mall destroys multiple businesses, including popular Zadies Bakery

Fire at Fair Lawn strip mall destroys multiple businesses, including popular Zadies Bakery

2:42
Beautiful weekend ahead for New Jersey with sunny skies and warm temperatures

Beautiful weekend ahead for New Jersey with sunny skies and warm temperatures

1:43
Lead found on Keyport beach not ‘urgent risk’ to public health, no need to close beach

Lead found on Keyport beach not ‘urgent risk’ to public health, no need to close beach

0:29
Man who pleaded guilty to attacking Jewish men sentenced to 30 years on terror charges

Man who pleaded guilty to attacking Jewish men sentenced to 30 years on terror charges

1:01
‘It’s a beautiful sport.’ New pickleball courts open in Howell Township

‘It’s a beautiful sport.’ New pickleball courts open in Howell Township

0:55
EPA completes Phase 1 of superfund site cleanup at Unimatic Manufacturing site in Fairfield

EPA completes Phase 1 of superfund site cleanup at Unimatic Manufacturing site in Fairfield

0:20
West New York school named for Sen. Menendez to revert to original name

West New York school named for Sen. Menendez to revert to original name

0:30
Attorney general: NJ state trooper ‘inexcusably crossed the line,’ admits to punching handcuffed woman in the face in 2022

Attorney general: NJ state trooper ‘inexcusably crossed the line,’ admits to punching handcuffed woman in the face in 2022

0:15
East Brunswick police: Bicyclist killed in Route 18 crash

East Brunswick police: Bicyclist killed in Route 18 crash

0:30
No one injured in Kenilworth house fire

No one injured in Kenilworth house fire

1:04
Attorney general releases body camera footage of fatal Hamilton police-involved shooting

Attorney general releases body camera footage of fatal Hamilton police-involved shooting

0:15
Part of Manchester’s Harry Wright Lake closed due to high levels of fecal bacteria

Part of Manchester’s Harry Wright Lake closed due to high levels of fecal bacteria

0:23
2 dead in Maine plane crash after leaving New Jersey airport

2 dead in Maine plane crash after leaving New Jersey airport

0:18
$1 million lottery ticket won from $20 scratch-off at North Wildwood Wawa

$1 million lottery ticket won from $20 scratch-off at North Wildwood Wawa

1:59
Paws & Pals: Felicity now up for adoption at Associated Humane Societies

Paws & Pals: Felicity now up for adoption at Associated Humane Societies

1:17
Gov. Murphy discusses potential Menendez replacement on ‘Ask Gov. Murphy’

Gov. Murphy discusses potential Menendez replacement on ‘Ask Gov. Murphy’

0:40
State, federal lawmakers introduce legislation to shorten funding gap for World Trade Center Health Program

State, federal lawmakers introduce legislation to shorten funding gap for World Trade Center Health Program

0:33
New Jersey now has 21 towns where starter homes cost more than $1 million

New Jersey now has 21 towns where starter homes cost more than $1 million

0:48
Jersey Proud: Dean Martin & Jerry Lewis first performed together 78 years ago in Atlantic City

Jersey Proud: Dean Martin & Jerry Lewis first performed together 78 years ago in Atlantic City