Nearly 90% of Rental Assistance Funds, Have Not Been Distributed, Figures Show.<br />'The New York Times' reports that the $46.5 billion rental aid program, created to assist those in need amid the pandemic, continues to slowly disburse money.<br />'The New York Times' reports that the $46.5 billion rental aid program, created to assist those in need amid the pandemic, continues to slowly disburse money.<br />In July, just $1.7 billion in rental assistance funds were disbursed as the Supreme Court prepares to make a decision that could strike down the eviction moratorium.<br />In July, just $1.7 billion in rental assistance funds were disbursed as the Supreme Court prepares to make a decision that could strike down the eviction moratorium.<br />According to the Treasury Department, <br />the Emergency Rental Assistance Program <br />has only distributed about $5.1 billion so far. .<br />That's only about 11% of the cash <br />allocated by Congress to avoid <br />an eviction crisis.<br />That's only about 11% of the cash <br />allocated by Congress to avoid <br />an eviction crisis.<br />It’s just not close to enough in an <br />emergency like this to protect all <br />the families who need and deserve <br />to be protected. So there is still <br />way more to do and to do fast, Gene Sperling, <br />Head of federal pandemic relief programs, <br />via 'The New York Times'.<br />On August 24, Treasury Department and <br />White House officials acknowledged that <br />the program was not ramping up fast enough.<br />On August 24, Treasury Department and <br />White House officials acknowledged that <br />the program was not ramping up fast enough.<br />However, the administration passed the blame <br />to local officials, many of whom have failed <br />to distribute their state's allocated funds. .<br />According to the 'NYT,' states could see their funds reallocated to other states that have distributed payments more effectively
