Update: The Impact of COVID-19
#21 — June 2, 2020
Dominium has been focused on our business and operations during this pandemic crisis. As we move past the critical rent collection part of each month, we will focus our updates on information that we have found useful in the work we are doing. We hope that our friends and partners in affordable housing find it helpful as well and will send other information our way as well. A collection of all previous updates can be found at  COVID-19 Impact Update .
Rent Collections
Dominium Rent Collection Report: Through June 1, 2020 we have collected 32% of charges for the month.

  • Cumulative receipts are down (4%) compared to May through the 1st.
  • Cumulative receipts are flat compared to July 1st , 2019, the most recent month with the 1st falling on a Monday.

In terms of types of properties or receipts:

  • Resident receipts are at 37%, which is down (2%) compared to May through the 1st and up 6% compared to July 1, 2019.
  • Subsidy receipts are at 17%, which is down (11%) compared to May through the 1st and down (19%) compared to July 1, 2019.
  • Senior total receipts are 38%, which is down (4%) compared to May through the 1st and flat compared to July 1, 2019.
  • Family total receipts are 31%, which is down (4%) compared to May through the 1st and flat compared to July 1, 2019.
The chart below shows the distribution of properties on their collection performance in June through the 1st .
The lowest collection category is primarily made up of Section 8 properties which are impacted by timing with changes between resident and subsidy owed charges. The below distribution excludes these properties and follows the expected trends.
Previous Dominium Rent Reports can be found here.
The US death toll has reached 100,000. The Washington Post created a graphic where each death is represented by a ray of light illuminating a map of the US. They note that the pandemic has exposed vulnerabilities in certain populations and that deaths are “disproportionately poor and black and Latino.”

The Washington Post interviewed three public health experts to discuss what activities will be safe this summer including going to the beach, traveling by plane, and visiting grandparents.
Eight hundred Minnesota registered voters were interviewed by the Star Tribune, MPR News, and KARE 11 about the government response to the pandemic. They found that 57% of Minnesotans feel like the restrictions put in place were about right.
The CDC’s tracker of confirmed cases of and deaths from COVID-19 across the US provides the most up to date information on the spread of the virus.

IHME’s COVID-19 Projections page shows trends and projections of deaths and hospital resource usage. The graph on the right shows their projection for daily infections and testing:
Other Interesting & Helpful Resources
Resident Resources

Freddie Mac offers a Renter Helpline, which provides counseling for renters on budgeting, credit improvement and debt management. The attached flyer is available in multiple languages.

HUD has put together a guide and FAQ for Renters during the pandemic.
IRS Information on COVID-19 Checks 
Information on filing for unemployment
In an attempt to share what we know and are doing during this crisis, we are publishing a set of periodic updates for our partners and friends in affordable housing. We likely will do this twice a week or as interesting events dictate. Please let us know if you would like to be removed from this list.

Thank you,
Paul Sween & Mark Moorhouse