Washington to get estimated $454M for housing relief, but it could take months to arrive By Heidi Groover, The Seattle Times
Published: March 16, 2021, 7:55am
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The $1.9 trillion federal stimulus bill that President Joe Biden signed last week includes billions of dollars to help renters and homeowners nationwide who are behind on their monthly payments.
State officials estimate Washington will get about $404 million in rental assistance and $50 million for homeowners behind on their mortgages.
But it could take several months for Washingtonians to see that money. Federal agencies still have to dole out the money to states, and state and local lawmakers have to make decisions about how to get the funding to the public.