Stimulus Update Rental Assistance Program

Another moratorium in the law would prohibit evictions of most residents of federally subsidized apartments.

Stimulus update rental assistance program. Various social service agencies states and local governments offer additional rent assistance. Eviction ban rental assistance approved in 900b stimulus deal. Extends the existing cdc eviction moratorium through january 31 2021.

The emergency rental assistance program makes available 25 billion to assist households that are unable to pay rent and utilities due to the covid 19 pandemic. Territories local governments and indian tribes. A complex pandemic stimulus bill compromise appears to offer relief for landlords even as congress extends a rental ban to jan.

A moratorium has been imposed on filings for evictions for renters in homes covered by federally backed mortgages for 120 days after enactment. Court on a new eviction prevention program funded by cares. It also bolsters paycheck protection program ppp loans 284b more and economic injury disaster loan eidl grants 20b more.

Territories would share a set aside of 400 million with a small territory set aside while 800 million would be set aside for native americans alaska natives and. Provides 25 billion in rental assistance to help pay past due rent future rent and utility bills. Localities with populations over 200 000 may request to receive their allocation of emergency rental assistance directly.

The treasury department will disperse the rental assistance to states via a formula based on population. The third stimulus package the cares act included new moratoria on evictions of renters. Legislation offered indirect help via 1 200 checks to many adult u s.

Keeping families in their homes. Territories local governments and indian tribes. 25 billion in rental assistance will be available through state and local governments to help renters who can t make.