posted by mike kraft
on Tue, 2023-02-14 18:20
Yellen says counties should use COVID funds for housing, job training U.S. Treasury Secretary Janet Yellen on Tuesday called on counties, cities and states to focus their remaining COVID-19 pandemic aid funding to develop more worker training and affordable housing programs. Speaking to the National Association of Counties conference in Washington, Yellen said the nearly two-year old American Rescue Plan Act has enabled state and local governments to budget over $14 billion on more than 1,800 projects focused on housing. "And this is just the beginning," Yellen said of projects to be funded by the $350 billion State and Local Fiscal Recovery Fund program, which runs through April 30, 2025. YahooFinance
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Yellen also said that a major legacy of pandemic-era housing aid programs has been to create a lasting nationwide infrastructure for eviction prevention.
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