Despite lagging distribution, state officials say they won’t forfeit federal rental assistance fundsDue to an increased financial strain many families face as a result of the pandemic, Congress approved additional funding for housing vouchers as part of its American Rescue Plan. (Photo by Rashid Sadykov, Unsplash)
Although Georgia has been slower to distribute federal rental assistance funds than most of the country, officials with the state’s Department of Community Affairs (DCA) say they won’t forfeit any of the money back to the U.S. Treasury Department.
Treasury officials are at liberty to reclaim and reallocate Emergency Rental Assistance (ERA) Program cash from governments that had spent less than 30 percent of that money by Sept. 30. As of the end of August, the DCA had disbursed just 7 percent of the more than $550 million the feds had granted the agency during the ERA program’s first round.