Fox News reports that Tlaib's latest yearly financial disclosure report revealed she made between $15,001 and $50,000 in rental income from her property in 2021, and she benefited the same amount in 2020.
Tlaib is a member of the so-called progressive "Squad" along with members like AOC and Ilhan Omar, all of whom backed the defunct Rent and Mortgage Cancellation Act, which looked to cancel rent and mortgage payments throughout the duration of the coronavirus pandemic.
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The bill would have canceled rent and mortgage payments nationwide through 2022 and further set aside a relief fund to cover landlord and mortgage holder lost payments because of that cancellation. Landlords, like Tlaib, would not receive traditional rent from tenants yet rather government reimbursement payments from taxpayers.
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The bill further aimed to increase affordable public housing by "creating an optional buyout fund to fully finance the purchase of private rental properties by non-profits, public housing authorities, cooperatives, community land trusts, and states or local governments."
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On the bill's second attempt, Tlaib tweeted, "HAPPENING NOW: I'm joining Rep. @Ilhan Omar and fellow colleagues for a press conference on the Rent & Mortgage Cancellation Act. Our residents need help during this ongoing pandemic & this legislation seeks to provide that help to ensure our neighbors have the housing they need."
According to Fox News, Squad member Ayanna Pressley, who also co-sponsored the rent cancellation bill, further maintains a rental revenue stream with her husband and profits somewhere between $5,000 and $15,000 in 2020.
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According to the official text, the bill would cancel mortgage and rent payments nationwide that may have been accumulating under the current eviction moratorium with no negative impact to credit scores or rental histories.
It would further set aside a relief fund to cover landlord and mortgage holder lost payments due to cancellation, and would attempt to increase affordable public housing by "creating an optional buyout fund to fully finance the purchase of private rental properties by non-profits, public housing authorities, cooperatives, community land trusts, and states or local governments," the press release declared.
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"While the American Rescue Plan extends the national rent moratorium—this is not a long term solution. People across this country will be forced to pay tens of thousands of dollars in back rent when it ends," announced Omar.
"At a devastating moment in which 40 million Americans are struggling to keep a roof over their heads and more than eight million people have been pushed into poverty, the federal government needs to step up and provide relief for renters while also ensuring that small mom and pop landlords who rely on rental income for survival aren’t left behind," stated Jayapal.
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