Treasury Releases FAQs about Emergency Rental Assistance Program

The US Treasury has issued Frequently Asked Questions (FAQs) as guidance regarding the requirements of the Emergency Rental Assistance program. Click here to view the document. These FAQs will be supplemented by additional guidance and FAQ on a rolling basis.

 

As part of the $25 billion emergency rental assistance program, eligible renters would be able to receive assistance with rent and utility payments, unpaid rent or utility bills that have accumulated since the beginning of the coronavirus pandemic, and other housing expenses that were incurred due, directly or indirectly, to the pandemic. Once a renter qualifies for assistance, the administering entity would send the payment directly to the landlord. If a landlord declines to receive the assistance from the administering entity, a renter may instead receive a payment directly from the administering entity to make rental payments to their landlord themselves. Landlords could also directly apply for rental assistance under the program but will be required to notify the tenant that assistance is being provided on their behalf and obtain the tenant’s consent.

 

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