President Biden has indicated that the eviction hold for the pandemic should end….
Democrats in Congress tried to extend it….
Didn’t get the votes….
Roughly $22 Billion of the money congress set aside to help people pay their rent is still setting the US Treasury’s computers untapped….
There is ANOTHER program I believe with $46 Billion for rent relief that has NOT been sent out either….
Congress is sure to send that money someplace else if it doesn’t used by the states….
The money IS THERE….
Some state ‘s local officials also just have NOT accessed it for reason of too many application’s, not enough staff to handle things during the pandemic and too much red tape….
The expiration of the federal moratorium, following a last-ditch effort by congressional Democrats to revive it that is expected to fail, will leave renters with few pandemic-era protections as courts begin processing steep backlogs of eviction cases. Only nine states and D.C. have some kind of emergency protections for tenants that will last into August, according to an analysis by The Washington Post.
That has magnified criticism of the sluggish Emergency Rental Assistance Program, which some advocates say was flawed from the get-go because it relies on state and local governments across the country to create and administer their own programs. While some states quickly set up programs, others struggled to locate people in need or else received so many applications that the onslaught overwhelmed staff and software systems, causing months-long delays.
Six months after the aid program was approved by President Donald Trump in December, just 12 percent of the first $25 billion in funds had reached people in need due to loss of income from the pandemic, according to the Treasury Department. More than three months after President Biden signed a March relief package with another $21.5 billion for the program, even less of that has been spent.
Unlike other coronavirus aid programs such as stimulus checks or child tax credits, Congress designed the program as a partnership between the federal government, where the money begins, and states and localities, which have leeway to distribute the funds largely as they see fit.
As problems arose, some states and cities stopped accepting applications to make fixes. But the trade-offs are steep: The longer it takes programs to come back online, the longer vulnerable households wait for help…..
Here ya go DSD….
Shouldn’t make ya feel much better….
The eviction hold has probably frozen some of the housing market movement unfortunately….