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Landlord organizations are telling lawmakers in Washington: we need help too.
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They say fewer of their renters are paying rent and they too, the landlords, have bills to pay.
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As the coronavirus crisis enters its third month in the U.S., more and more tenants are protesting paying their rent.
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Cancel rent now!
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May, we are not going to pay!
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While many people pay rent to large corporations, around half of Americans who rent, rent from individual landlords.
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There are about eight million owners in this category, most of whom have between one and ten properties.
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Thank you for figuring out how to do your Skype.
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Yeah, my son was helping me.
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Oh, that's nice.
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Fadela Hussein says her rental income is her only income.
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Her homes are in Schenectady, New York, a riverside city of around 60,000 that's three hours north of Manhattan.
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Her single-family homes run for, on average, 1,200 USD per month.
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I started in 2010.
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I used up my savings to invest in, you know, one property, buy it and fix it and rent it.
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It, eventually, over the years, I accumulated a few more.
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More than a few, you're up to 14 right now, right?
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Right.
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Hussein, who's 61 years old and a widow, says she has so many tenants not paying their rent right now that she can't pay all her mortgages.
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They're just not paying.
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She says these four homes are vacant and need repairs, which now she can't afford.
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Hussein was in the process, she says, of trying to evict the tenants of two homes, when New York declared a 90-day moratorium on evictions.
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They, and three other tenants, she says have yet to pay their April rent.
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Did people lose their jobs, is that the issue?
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Well, they haven't responded to my letter asking them for proof if they are affected or if they are unemployed because of the COVID-19.
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And when I call, I'm not getting any response either.
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Hussein said she would work with her tenants on payment options and perhaps even lower their rent if she could get ahold of them.
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I knocked on the door, nobody would open the door.
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According to records she shared with us, if all the houses she owned were rented and current on payments, she would have collected for the month of April 16,000 USD.
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She only took in 6,300 USD, which she says doesn't cover her costs.
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It's so hard and I am so confused.
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I'm lost and stressed.
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Hussein says she hasn't been able to reach her mortgage lenders and is trying to get a small business loan.
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Minnesota's Congresswoman, Ilhan Omar, introduced a bill that would cancel rents and mortgages during the coronavirus pandemic.
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We want to make sure with this package that no one is going to be left behind and that our system in itself is not going to break down.
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But how big is this package?
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I read through the bill and I didn't see dollar estimates.
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Without taking into full account, the scope of the problem, we can't really estimate the amount of money it's going to need.
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The bill has a tough road ahead with no broad bipartisan support and critics decrying provisions favoring renters.
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How concerned are they about their businesses right now?
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They're petrified.
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They wake up every morning very concerned about what the future holds frankly.
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One of the most active advocates for landlords in New York is the Community Housing Improvement Program, which has over 4,000 owners and managers.
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Jay Martin is the head of CHIP.
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Martin says the government should bear more responsibility and suspend taxes for landlords like Hussein.
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Governments are not willing to entertain the idea of suspending taxes because they're also in financial hardship right now.
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Many of our municipalities across this country rely on these property taxes to be able to sustain their communities.
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So we want to make sure that landlords have the resources that they need in order to still fulfill their obligations.
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So what happens if your bill doesn't pass, and nothing gets done?
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That will be a complete devastation.
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We are looking at, like I said, a huge collapse of our housing market.
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If this continues, what are you gonna do?
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I'm just gonna have to stop making all the payments on these properties, even insurance.
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If something happen, I don't know what's gonna happen.
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I'm gonna have to stop because there's no money, there's no money.
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If May and the summer months are as bad for her as April was, Hussein says she'll have to let some of her properties go, or...
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I have to go find a job, that's it.
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And decide if I wanna continue being a landlord or I just wanna get out of it.
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I don't think I can keep handle... I can't handle it anymore.
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I can't.