\n \n \n “. concat(self. i18n. t(‘search. voice. recognition_retry’), “\n
The spate of evictions expected by many housing advocates after the court overturned the moratorium on evictions last summer has not materialized. local governments, which has accounted for more than $4. 7 million in bills to help others avoid evictions from the pandemic.
But most of that money will be used through the middle of this year, according to Treasury Department officials. Despite a slow start last year, officials announced Wednesday that about $30 billion had been spent or committed on emergency contracting assistance through the end of February. .
President Biden noted that housing is a very sensible precedent with his 2023 budget bill introduced earlier this week, but the money for housing measures is in the hands of Congress.
According to Princeton University’s deportation lab, deportation applications remain well below overall pre-pandemic levels. Its researchers warned that this may be due in part to emergency rental assistance. Income families last year, and many of the beneficiaries were other people of color and women.
When emergency rental assistance cash was included as a component of COVID relief measures passed by Congress in late 2020 and early 2021, the U. S. UU. no had a national infrastructure to help other people in arrears avoid evictions. to code to configure programs.
This “has helped keep deportation rates well below the old pandemic averages,” Said Treasury Undersecretary Wally Adeyemo.
As the money runs out, officials are pushing for state and local governments to use another federal budget to help suffering renters and for other housing efforts. Said.
By the end of 2021, some $11 billion in investments have already been committed to housing efforts, from rental and loan assistance, and eviction prevention efforts to housing.
“We hope this will be a sustainable infrastructure for eviction prevention and provide a springboard for much-needed investments in the provision of affordable housing,” said Jacob Leibenluft, Treasury’s director of recovery.
Leibenluft noted that money to increase the amount of affordable housing has been a domain of primary interest to state, local and tribal governments across the country, from villages to rural communities. By the end of last year, more than 350 governments had invested the state and local stimulus budget in ho, a figure that is expected to increase this year.
This comes at a time when the rental charge is emerging across the country. The average monthly rent charged through landlords in January increased 15. 2% from a year earlier, according to a report through Redfin. The national median monthly loan repayment for homebuyers rose 25 percent, the largest backlog of Redfin records.
Mother and Son Earn Grammy Nominations
NASA astronaut returns to Earth in Russian capsule
Carambolage in Pennsylvania leaves 6 dead