About 89% of rental assistance funds have not been distributed

Source: Glenn Thrush & Alan Rappeport, N.Y.Times (Paid Registration)

The Emergency Rental Assistance Program, funded in the two federal pandemic relief packages passed over the last year, sputtered along in July, with just $1.7 billion being distributed by state and local governments, according to the Treasury Department.

Of the roughly 2.8 million households that have applied for aid, only about 500,000 reported receiving assistance — another 1.5 million are waiting for approvals, while nearly 700,000 have been rejected, according to the estimates. Over 60 percent of vulnerable renters have not even applied.

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