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You are here: Home / Rentals / Slow rental assistance distribution will mean evictions

Slow rental assistance distribution will mean evictions

July 19, 2021 By Geoffrey Disch Leave a Comment

The U.S. Treasury disbursed $25 billion to states for rental assistance in February. Congress then allocated another $21 billion in March. By the first of June only $1.5 billion of that money had actually reached renters – a total of 176,000 households.

With the federal moratorium on evictions set to expire at the end of July, a huge number of renters could be facing eviction. It is estimated that 11.5 million or 16% of all renters have fallen behind on their payments.

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Filed Under: Rentals Tagged With: eviction moratorium, renters

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