"Treasury says $1.5 billion distributed in rental assistance in June as eviction moratorium end looms | WHAT REALLY HAPPENED

"Treasury says $1.5 billion distributed in rental assistance in June as eviction moratorium end looms

With a federal ban on evictions scheduled to expire at the end of the month, the Treasury Department is set to announce Wednesday $1.5 billion in rental assistance has been distributed across the country in the last month — more than in the last five months combined, according to an administration official. States and cities have struggled to distribute funds to tenants and landlords, and the news comes as the White House is slated to hold its second eviction prevention summit later on Wednesday.

More than 11 million Americans — 16% of renters — are still behind on their rent payments, according to analysis by the Center on Budget Policy and Priorities. In the early days of the pandemic, the Centers for Disease Control and Prevention implemented an eviction moratorium, but it's scheduled to expire on July 31, adding a sense of urgency for those who are eligible for assistance but have yet to receive it.

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