top of page
  • Metro East REIA

Treasury Says Most Rental Aid will be Exhausted by Mid-Year

Reuters is reporting that the U.S. Treasury Department said on the $46.6 billion rental assistance program has disbursed/obligated over $30 billion to renters & landlords through the end of February, 2022. In addition, they report that the “vast majority” of funding will be exhausted by mid-year. The Emergency Rental Assistance Program reportedly spent about $1.93 billion spent on rent, utilities and arrears in February alone and aided 462,552 households. Continue reading HERE...

1 view0 comments

Recent Posts

See All

The U.S. government is reporting that privately‐owned housing starts in February were at a seasonally adjusted annual rate of 1,450,000, which is 9.8% higher than January’s revised number but is 18.4%

According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were $1,702 in February, the same as January’s figure. Yardi says year-over-year growth continued its downw

bottom of page