Posted on

Why $46 Billion Couldn’t Prevent an Eviction Crisis


Over the past several months, the White House and Treasury Department have been racing to deal with the program’s problems, repeatedly revising guidelines to allow tenants to receive payouts with a minimum of documentation, while enlisting state judges and even law school students to help tenants delay or prevent their evictions.Gene Sperling, who is in charge of overseeing pandemic relief programs for President Biden, estimated that despite the shortcomings of rental aid so far, about 40 percent of vulnerable tenants in the country are either receiving assistance or temporarily protected from eviction by state and local moratoriums.“If lower-performing …

Read More