Posted inFinancial Literacy

$46B Emergency Rental Assistance Delay Leaves 3.5M at Risk of Eviction

An estimated 3.5 million renters face the likelihood of eviction over the next two months — despite the availability of $46 billion in emergency rental assistance (ERA) allocated by Congress. The crux of this looming crisis is the uneven local response to providing authorized assistance to both renters and landlords. And the approaching Sept. 30 deadline for first-round funding leaves dwindling days for corrective actions.