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Biden Administration Begins to Redirect Rental Assistance
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WASHINGTON—The Biden administration is redirecting more than $1.1 billion in rental-assistance money from some states and localities that haven’t used the bulk of their funds to others facing backlogs of aid requests, the Treasury Department said Friday.
The bulk of that redirected aid—approximately $875 million—comes at the request of states and localities that say they have more money than they can spend, the department said.
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