Billions In Federal Rental Aid Sit Unspent By Local Governments
Eight months after the federal government approved billions of dollars to help people pay their rent, more than 50 counties and cities still haven’t spent a single penny.
The numbers come from the Treasury Department’s latest data on the distribution of rental assistance, which Congress first authorized in December 2020.
Congress set aside an unprecedented $46 billion in two separate relief bills to help renters through the coronavirus pandemic. Instead of creating a national program to distribute the money, lawmakers asked state and local governments to give out the funds....