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The Wall Street Publication > Blog > Business > Rental Assistance to Be Redirected Based on Demand
Business

Rental Assistance to Be Redirected Based on Demand

Editorial Board Published November 29, 2021
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Rental Assistance to Be Redirected Based on Demand
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WASHINGTON—The Treasury Department is redirecting rental-assistance money from some states and localities that haven’t used the bulk of their funds to others facing backlogs of aid requests, according to administration officials.

The officials said they couldn’t specify which jurisdictions would lose and gain funds. But they said those with large amounts of unused funds include rural states—like Montana and North Dakota—while local officials in several more populous states—like New York and Texas—are expected to exhaust their rental-assistance money over the coming week and months.

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