Philadelphia’s Rental Assistance Program will shut down at 5 p.m. on Friday because it will soon run out of funding.
The program was launched in May of 2020 to help landlords and renters financially burdened by the pandemic. To date, the effort has disbursed more than $248 million to more than 38,000 households affected by COVID-19.
The final phase of the program helped people cover rent and pay their utility bills.
A city spokesperson said applications currently in the pipeline will be reviewed and paid out with remaining funds until they are exhausted. As of early December, some 30,000 applications had yet to be processed.
The city is awaiting word from the state and the U.S. Department of Treasury on requests for an additional $485 million for the program.