‘Quiet panic’ as national rental assistance program set to run out of cash

A $5 billion pot of federal money set aside to help people on the verge of homelessness pay the rent is running out of cash — and no one has a plan to keep the roughly 60,000 renters, more than 15,000 of them in California — from losing their housing after the last dollar is spent.

News of the imminent expiration of the Emergency Housing Voucher program came in a March 6 letter the U.S. Department of Housing and Urban Development sent to local public housing authorities, the agencies that administer federal rental housing assistance programs.

A final payment this spring may allow some agencies to keep their emergency programs running into 2026, the letter reads. But housing authorities were advised to move forward with “the expectation that no additional funding from HUD will be forthcoming.”…

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