Federal Rental Assistance Is Running Out, With Tenants Still in Need

Stoneleigh Fellow Vincent Reina spoke to the New York Times about federal rental assistance uncertainty.

A $46 billion federal program enacted by Congress to prevent evictions during the coronavirus pandemic got off to a sluggish start last year, but is now distributing cash so quickly that many states are running out of money, endangering millions of struggling tenants who depend on the support.

On Friday, the Biden administration announced that 665,000 households had received aid through the Emergency Rental Assistance Program in November, the most ever for any month, bringing the total distributed or planned to be spent to between $25 billion and $30 billion, according to the Treasury Department.

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