But it is far more insidious than that.
Where is this funding and why has it not been given out?
the $47 billion Emergency Rental Assistance program, to date, disbursed only $3 billion — about 7 percent of what was supposed to be a crisis-averting infusion of cash...
...It has also been difficult to gain buy-in from landlords, who are required to fill out complex financial forms and follow strict eligibility rules. Some simply do not want to, especially if they have more informal arrangements with tenants. In addition, many landlords and tenants do not even know the aid program exists.
https://www.nytimes.com/2021/07/31/us/politics/eviction-moratorium-biden-housing-aid.html
Only 600,000 have applied out of 11 million? Between the unemployment boosts and rental assistance there shouldn’t be a crisis at all. Instead people are daunted by the red tape of the government.
Yeah, I saw that mention yesterday of the $47-billion deal. What I would ask...from the 7-percent given out...is this strictly from one or two states?
When they give this number of 8-million non-paying-renters....you never get the state by state story. It wouldn’t shock me if half of the 8-million non-paying-rent folks were from only California, Oregon, and Washington.
This brings me back to the 93-percent of the $47-billion laying there, unspent. What happens to it? Are they just going to ship the ‘loot’ off to Honduras?
This is the war inside the Democratic Party.
The old school Democrats (Pelosi) got rich by playing these games.....talking about extending the moratorium while taking real estate donations to end it.
They would villify the GOP for not wanting to extend it and Pravda would write stories about it.
But now the communists inside the DNC spill the beans.
I submitted my landlord application to the state on March 1st, the first day of the program. Tuesday, over five months later, I finally received an email asking for my banking info so they could make an electronic transfer of funds, for a tenant that was 14 months behind in rent.