Emergency Rental Assistance Program - U.S. Department of the …
Nov 6, 2024 · Treasury’s Emergency Rental Assistance (ERA) programs have collectively provided communities over $46 billion to support housing stability for eligible renters throughout the COVID-19 pandemic. Participating governments have leveraged ERA funding to make over 10 million assistance payments to renters facing eviction, and research has shown ...
Guidance - U.S. Department of the Treasury
Guidance. ERA grantees must comply with the requirements outlined in their ERA Award Terms, including the relevant ERA authorizing program statute, all other applicable federal statutes, regulations, executive orders, and Treasury’s guidance (FAQs, reporting guidance, etc.).
More states return tens of millions in rental assistance, as ... - CBS News
Apr 4, 2022 · States and localities have until September to spend their share of the first $25 billion allocated, known as ERA1, and the second $21.55 billion, known as ERA2, by 2025. So far, Treasury says $30...
Reporting - U.S. Department of the Treasury
Nov 6, 2024 · Each ERA2 recipient must submit full quarterly compliance reports via Treasury’s portal throughout the ERA2 award period of performance. The following links provide compliance and reporting guidance, worksheets and tips for reporting.
New Treasury Guidance Adds Flexibility for Unobligated ERA 2 …
Aug 3, 2022 · The U.S. Department of the Treasury recently updated its Frequently Asked Questions (FAQs) guidance for the Emergency Rental Assistance (ERA) program to provide additional flexibilities under the American Rescue Plan Act for ERA 2 dollars that are unobligated as of Oct. 1, 2022.
Treasury Issues New Guidance on Using Unobligated ERA2 Funds …
Aug 8, 2022 · The U.S. Department of the Treasury (Treasury) published guidance on July 27 on the use of emergency rental assistance funds provided through the “American Rescue Plan Act” – referred to as “ERA2” – for affordable rental housing, eviction prevention, and housing stability purposes after October 1, 2022.
Treasury’s ERA2 Guidance: Significant Changes to Landlord …
May 12, 2021 · The Department of the Treasury allocated an additional $21.55 billion in emergency rental assistance funds to the states and communities from the American Rescue Plan Act. The new funds (ERA 2) set aside $2.5 billion for eligible grantees with a high need based on the number of very low-income renter households paying more than 50 percent of ...
Nearly Three-Fourths of ERA2 Funds Expended | National Low …
Sep 11, 2023 · ERA2 spending data through March 2023 reveal that nearly half of state grantees, and the District of Columbia, have reported expending 75% or more of their allocation on financial assistance to households, housing stability services, and administrative costs.
U.S. Treasury Department releases allocations and guidance for …
May 11, 2021 · On May 7, the Biden administration announced the allocation of the additional $21.6 billion provided under the American Rescue Plan Act (ARPA) for Emergency Rental Assistance (ERA2), including $2.5 billion in targeted assistance to the highest-need areas.
ERA2 Spending Picks Up; Treasury Reallocates First Round of ERA1 …
Jan 10, 2022 · The U.S. Department of the Treasury (Treasury) released updated Emergency Rental Assistance (ERA) spending data through November 30, 2021, revealing that an additional $1.5 billion in ERA1 and $1.35 billion in ERA2 was spent in November of last year.