News Report | November 26, 2021
State & Local Jurisdictions Distributed About 40% Of the $25 Billion Emergency Rental Assistance Funds As Of September 30, 2021
Of the $25 billion in initial Emergency Rental Assistance (ERA1) funds included in federal COVID relief and stimulus bills, state and local jurisdiction (large population cities and counties) grantees had distributed 38% as of September 30, 2021. About 20% of grantees have spent more than 80% of their ERA1 allocation, including two state grantees, the District of Columbia, and 82 local jurisdiction grantees. About 28% of grantees have spent less than 30% of their ERA1 allocation and may be at risk of losing funds through reallocation.
These were findings of a November 2021 analysis of ERA spending and performance trends . . .