Sixty-two corporate landlords who have received taxpayer bailouts intended to blunt the economic impact of the pandemic are pursuing evictions despite a federal moratorium, a Popular Information investigation reveals. The large landlords have received at least $60.9 million in forgivable loans from the Paycheck Protection Program, which was intended to help prevent an economic collapse. After the Center for Disease Control and Prevention (CDC) announced a national eviction moratorium on September 1, the same landlords have initiated at least 494 legal actions for eviction.
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