WASHINGTON—More than $1.1-billion in Emergency Rental Assistance (ERA) is being distributed by the Treasury Department to states and cities that spent the first round of aid quickly as a result of the COVID-19 pandemic.
According to Treasury, more than 75% of the reallocations were voluntary transfers between aid programs within the same states, according to Politico.
As part of the process, Treasury is reminding that the CFPB has an online tool designed to help renters and landlords affected by the coronavirus pandemic easily find and apply for payment assistance for rent, utilities, and other expenses. The Rental Assistance Finder connects renters and landlords with state and local programs that are distributing billions of dollars in federal assistance to help renters stay housed during the pandemic, Treasury said.
In addition, secretaries of the Department of Housing and Urban Development (HUD), the Treasury Department, the Department of Agriculture, and the VA, along with FHFA Acting Director Sandra Thompson released a joint statement in July encouraging owners and operators to access Emergency Rental Assistance to avoid evicting a tenant for non-payment with resources available in all states.
