The nitty gritty on federal rent relief
The funds will be meted out by eligible states and localities, which are tasked with designing means-tested programs along the federal guidelines.
But the funds themselves, from the U.S. Treasury Department, may take a month to arrive. That means renters and landlords should not expect a check until late January at the earliest.
The rent relief will be apportioned not only to states, but to cities with populations greater than 500,000, based on their share of the overall U.S. population. That means more populous states like New York, Florida and California will get a bigger slice — $1.3 billion, $1.4 billion and $2.6 billion, respectively — of the $25 billion rent-relief pie.
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