Nearly 90% of Rental Assistance Funds Have Not Been Distributed, Figures Show
- 3 years ago
Nearly 90% of Rental Assistance Funds, Have Not Been Distributed, Figures Show.
'The New York Times' reports that the $46.5 billion rental aid program, created to assist those in need amid the pandemic, continues to slowly disburse money.
'The New York Times' reports that the $46.5 billion rental aid program, created to assist those in need amid the pandemic, continues to slowly disburse money.
In July, just $1.7 billion in rental assistance funds were disbursed as the Supreme Court prepares to make a decision that could strike down the eviction moratorium.
In July, just $1.7 billion in rental assistance funds were disbursed as the Supreme Court prepares to make a decision that could strike down the eviction moratorium.
According to the Treasury Department,
the Emergency Rental Assistance Program
has only distributed about $5.1 billion so far. .
That's only about 11% of the cash
allocated by Congress to avoid
an eviction crisis.
That's only about 11% of the cash
allocated by Congress to avoid
an eviction crisis.
It’s just not close to enough in an
emergency like this to protect all
the families who need and deserve
to be protected. So there is still
way more to do and to do fast, Gene Sperling,
Head of federal pandemic relief programs,
via 'The New York Times'.
On August 24, Treasury Department and
White House officials acknowledged that
the program was not ramping up fast enough.
On August 24, Treasury Department and
White House officials acknowledged that
the program was not ramping up fast enough.
However, the administration passed the blame
to local officials, many of whom have failed
to distribute their state's allocated funds. .
According to the 'NYT,' states could see their funds reallocated to other states that have distributed payments more effectively
'The New York Times' reports that the $46.5 billion rental aid program, created to assist those in need amid the pandemic, continues to slowly disburse money.
'The New York Times' reports that the $46.5 billion rental aid program, created to assist those in need amid the pandemic, continues to slowly disburse money.
In July, just $1.7 billion in rental assistance funds were disbursed as the Supreme Court prepares to make a decision that could strike down the eviction moratorium.
In July, just $1.7 billion in rental assistance funds were disbursed as the Supreme Court prepares to make a decision that could strike down the eviction moratorium.
According to the Treasury Department,
the Emergency Rental Assistance Program
has only distributed about $5.1 billion so far. .
That's only about 11% of the cash
allocated by Congress to avoid
an eviction crisis.
That's only about 11% of the cash
allocated by Congress to avoid
an eviction crisis.
It’s just not close to enough in an
emergency like this to protect all
the families who need and deserve
to be protected. So there is still
way more to do and to do fast, Gene Sperling,
Head of federal pandemic relief programs,
via 'The New York Times'.
On August 24, Treasury Department and
White House officials acknowledged that
the program was not ramping up fast enough.
On August 24, Treasury Department and
White House officials acknowledged that
the program was not ramping up fast enough.
However, the administration passed the blame
to local officials, many of whom have failed
to distribute their state's allocated funds. .
According to the 'NYT,' states could see their funds reallocated to other states that have distributed payments more effectively