The Treasury Department on Friday announced that the pace of federal rental aid payments amid the coronavirus pandemic picked up last month, with more than $2. …
The Treasury Department on Friday announced that the pace of federal rental aid payments amid the coronavirus pandemic picked up last month, with more than $2.3 billion distributed to households to help prevent evictions. The federal agency said in a press release that in August, funds from the Emergency Rental Assistance Program (ERA) reached more than 420,000 households, an increase from 340,000 in July. As of Aug.31, state and local governments have distributed more than 1.4 million payments for a total of more than $7.7 billion in ERA funds. The data comes nearly a month after the Supreme Court blocked the Biden administration’s attempt to extend the eviction moratorium, fueling concerns that tenants will be forced out of their homes amid continued financial hardships spurred by the coronavirus pandemic.
