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  • Metro East REIA

Treasury Says Amount of June Emergency Rental Assistance More Than All Previous Months Combined

As if to quickly pat themselves on the back, the U.S. Treasury Department says more than $1.5 billion in rental assistance was delivered to eligible households in the month of June, more than the assistance provided during all three previous reporting periods combined. However, data reveal that of the $46 billion made available to the Emergency Rental Assistance Program, less than $3 billion has been spent. Treasury says this represents “significant progress,” but they acknowledge that there is still much more to work do. Continue reading HERE...

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