The intention was that the money would allow renters to pay their landlords until the pandemic passed, making everyone whole. But logistical issues and concerns about potential fraud kept much of the money from flowing. In some states, the money remained frozen because of concerns about giving funds to people who didn’t really need it. The White House, racing to disburse as much cash as possible before the freeze expired, blamed the local governments. On July 21, Treasury disclosed just $3 billion out of $46 billion had been deployed by the states and cities that got the money.

Source: New York Times August 07, 2021 17:30 UTC