Historic amounts of rental assistance allocated by Congress had been expected to avert a crisis. But the distribution has been painfully slow: Only about $3 billion of the first tranche of $25 billion had been distributed through June by states and localities. A second amount of $21.5 billion will go to the states.
More than 15 million people live in households that owe as much as $20 billion to their landlords, according to the Aspen Institute. As of July 5, roughly 3.6 million people in the U.S. said they faced eviction in the next two months, according to the U.S. Census Bureau’s Household Pulse Survey.