U.S. families at risk of eviction during pandemic got nearly 10 million rent-relief payments, Treasury Department says - FORECLOSURE FRAUD

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U.S. families at risk of eviction during pandemic got nearly 10 million rent-relief payments, Treasury Department says

U.S. families at risk of eviction during pandemic got nearly 10 million rent-relief payments, Treasury Department says

Nearly 10 million emergency rental-assistance payments have reached households at risk of eviction during the COVID-19 pandemic, the Biden administration announced Wednesday.

The federal government’s emergency rental-assistance effort — described by Treasury Secretary Janet Yellen Tuesday as “the first nationwide infrastructure for eviction prevention” — doled out billions of dollars in aid to state and local governments across two programs: one under a COVID-19 spending bill passed in December 2020, and another under the American Rescue Plan passed in 2021.

Although the relief was at times criticized for being too slow-moving, with other federal eviction protections having lapsed in 2021 as rents began to rise nationwide, the Treasury Department said that it nonetheless helped keep families in their homes.

As of Sept. 30, the rental assistance programs had made over 9.7 million payments, the Treasury Department said, with many of those payments going to low-income households.

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https://www.marketwatch.com/story/u-s-families-at-risk-of-eviction-during-pandemic-got-nearly-10-million-rent-relief-payments-treasury-department-says-7e6087ab

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