WASHINGTON — — More than 80% of the billions of dollars in federal rental assistance aimed at keeping families in their homes during the pandemic went to low-income tenants, the Treasury Department said Thursday.
“This is money that flows from Treasury to every state and territory in the country, and we really have seen a real focus on delivering these dollars,” said Noel Andrés Poyo, the deputy assistant secretary for Community Economic Development at Treasury."It has been encouraging from my point of view to see states that are very diverse and to see these agencies lean into something really hard, it was really tough to stand up these programs, this data reflects where the need was.
“It’s really encouraging to see so much of the rental assistance reaching those most in need: women, Black renters, and low-income households in particular,” Peter Hepburn, a research fellow at the Eviction Lab, said. “These are the groups that face highest risk of eviction and who were most severely affected by the economic impacts of the pandemic. They’re the ones that this money was meant to help.
The agency's findings on beneficiaries showed their efforts to reach low income communities the past year had paid off.
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