Biden and states wasting rental assistance

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From COVID-19 to the collapse of the economy that followed, the nation has had plenty of disasters for which it was caught unprepared. But the brewing eviction crisis is not one of them.

Even as President Biden took the legally questionable step Tuesday of partially reinstating a federal moratorium on evictions that had expired last weekend, the money for months has been there to pay the rent.

Congress allocated $25 billion in rental assistance in December and an additional $21.55 billion in March.

The problem – quite simply – has been getting the cash from A to B. Only $3 billion has gone out to renters since states received the first tranche of funds Feb. 10, and there’s more than enough blame to go around. That leaves $43.55 billion unspent.

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