Pandemic Rental Assistance Program Lags With Billions of Dollars Unspent

New York City Council Speaker Christine Quinn speaks at the press conference condemning Gov. David Paterson's veto of a bill that would have capped the percent of income that public assistance recipients who are HIV-positive or have AIDS spend on rent. Gidon Belmaker/The Epoch Times

By Zach Wichter From Bankrate.com

In a House Financial Services Committee hearing last Friday, Democrats and Republicans agreed that COVID-related rental assistance has been slow to get into the hands of tenants and landlords. But the agreement largely ended there, as elected officials and invited witnesses clashed over how to get the ball rolling on disbursement, with much of the money allocated unspent even though millions of tenants are facing eviction as pandemic protections expire.