Speed Reads

the coronavirus crisis

A federal judge struck down the CDC's eviction moratorium — but a flood of evictions is unlikely

Federal Judge Dabney Friedrich, who was appointed by former President Donald Trump in 2017, struck down the Centers for Disease Control and Prevention's pandemic-related national eviction moratorium, but housing experts are confident Wednesday's decision won't have far-reaching consequences.

Diane Yentel, president and CEO of the National Low Income Housing Coalition, noted it isn't the first court ruling aimed at striking down the moratorium and like those before it, Friedrich's ruling will likely be limited in scope, affecting only the plaintiffs or, perhaps, renters in the district court's jurisdiction.

Either way, the Justice Department has filed an appeal to the D.C. Circuit and is seeking a stay on the decision, which means there will be no immediate change to the situation. Read more at CNBC. Tim O'Donnell