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Just 6.5 Percent of Rental Aid Has Reached Tenants, Landlords: Treasury

Roughly $3 billion of the $46 billion allocated for emergency rental aid has been used to cover rent, utilities, and other related expenses with less than two weeks until a federal eviction ban expires.

Data released Wednesday by the Treasury Department shows a sharp jump in the number of households assisted by the federal emergency rental aid (ERA) program in June. Treasury said 290,519 households received rental aid last month, up from 156,943 in May, 101,315 in April and 84,676 in March for a total of 633,453… click here to read more.