California Gov Gavin Newsom Wins Recall Election
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Who in Real Estate is Supporting Larry Elder in California s Recall Election
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Gov. Gavin Newsom (Getty, iStock)
California’s $2.6 billion program to aid renters and landlords has been hampered by bureaucratic delays and has received few applications after an early flood of interest.
Tenants and landlords have requested a third of the available funds, and the state has approved less than 10 percent of claims, according to the Los Angeles Times. Not all the money from approved claims was disbursed.
State lawmakers approved the relief program in January and opened it to applications in mid-March. The lack of applications stands in contrast to the program’s early days, when the state received a flood of requests. In the first day of online applications, 20,000 requests were filed.