The U.S. Department of Treasury released updated FAQs relating to its Emergency Rental Assistance Program (ERAP). The 2021 Consolidated Appropriations Act established the ERAP, which is administered by the Secretary of the Treasury to assist renter households most vulnerable to the economic impacts of the current crisis. The program makes $25 billion available to assist households that are unable to pay rent and utilities due to the COVID-19 pandemic. Funds are provided directly to States, U.S. Territories, local governments, and Indian tribes. Grantees use the funds to provide assistance to eligible households through existing or newly created rental assistance programs. You can visit the ERAP landing page on the Treasury’s website for more information on the program.
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