16 May, 2022 09:02

The U.S. Department of the Treasury (Treasury) has released Emergency Rental Assistance (ERA) spending data through March 2022. More than $714 million of ERA1 and more than $1.1 billion of ERA2 was spent in March, compared to $660 million of ERA1 and $1.3 billion of ERA2 spent in February. Overall, $26 billion of ERA1 and ERA2 – or 56% of total ERA funds – has been spent on assistance for households, administrative expenses, and housing stability services. The ERA program has made nearly 5.2 million payments since January 2021.

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