A Network of the National Association of State Treasurers
Policy Update:

Treasury Releases FAQs for Emergency Rental Assistance Program

This morning, the U.S. Treasury Department released anticipated FAQs for the Emergency Rental Assistance Program (ERAP), which was established under the Consolidated Appropriations Act of 2021. The program provides $25 billion 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 to provide assistance to eligible households through existing or newly created rental assistance programs.