Rental assistance fell victim to politics, bureaucracy

Source: Sarah Kleiner, Taylor Johnston, Center for Public Integrity & Michael Casey, Associated Press

Nationwide, state leaders set aside at least $2.6 billion from the CARES Act’s Coronavirus Relief Fund to prop up struggling renters, but a year later more than $425 million of that — or 16% — hadn’t made it into the pockets of tenants or their landlords, according to an investigation by the Center for Public Integrity and The Associated Press.

$1 out of every $6 in 2020 rental assistance spent elsewhere

Some 70 state and local agencies set aside $2.7 billion from the Coronavirus Relief Fund in 2020 for rental assistance programs. More than $425 million of that was either reallocated for other COVID-related expenditures or remained unspent by March 31, 2021.

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