State and local officials disbursed less than 17% of the funds allocated for pandemic rent assistance by the end of August, the Treasury Department announced Friday.
Officials have disbursed $7.7 billion of the $46.5 billion in funds allocated to the Emergency Rental Assistance (ERA) program meant to aid those at risk of eviction, the Treasury Department said in a statement.
The program was created eight months ago and has struggled to distribute its funds to tenants. A number of state officials have said the delays can be attributed to a lack of preparedness to facilitate the distribution of such large sums of money.
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