States like New York and California are also coming close to running out of their rental assistance funding.
As evictions rates rise across the United States, some cities and states have exhausted their rental assistance funds and can no longer meet demands for housing aid.
"It's particularly concerning that a number of these programs are now shutting down because all funds have been expended or obligated," said Peter Hepburn, a research fellow at the Eviction Lab atThe Treasury Department believes that over $30 billion—approximated two-thirds of the money for rental assistance—will have been used or allocated by the end of the year. The Treasury is expected to start reallocating funds from cities and states not spending it to those that need it.
Texas and Oregon have completely stopped taking new applications for rental assistance amid a rise in evictions as the federal moratorium ends and other federal assistance set to end. In this September 29, 2021 photo taken in Miami, Florida, Freddie Davis waits for a friend to arrive to help him move his remaining belongings to a storage unit after receiving a final eviction notice.at Princeton University, evictions have been rising in most of the 31 cities and six states where it collects data.
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